I was originally looking at B class properties in B class neighborhoods with a max purchase price of 250-300k; however, we found a B+/A property in an A neighborhood that is listed for 420k.  

SFR/MF, Class A/B/C/D, any special tenant accommodations?

I attempted to go through a small local bank though I got screwed on the appraisal, lost $2500 with a BS appraisal and almost the deal.

I'm olanning to start using only 3-4 keys for occupied properties and just keep a record of which one is which (A, B, C...).

Hey Will - we are based in South Florid (Boca Raton, Delray Beach area) and we are seeing some success with converting long term rentals to Airbnb short term rentals due to probably the same factors as you - close proximity to the beach, A/B neighborhoods, etc.We were hesitant to use one of these high cost Airbnb management companies as well, as they really dig into your cash flow.

I based this off kind of a generic A/B duplex I'm seeing in places like Cleveland, Indianapolis, Kansas City@Ned CareyOk.

Going from a C to a B... perhaps this would be a buy as you will be buying in at a lower price point.Just curious how investors work out class of a neighborhood

Hi Greg,Would you call this property an A, B, or C class?

I would put it on the market, boost a 720+ FICO & build a LLC with A/B credit and get ready to use the town proceeds to put down on your 1st CRE deal you are comfortable with.

My property is a B+ property in a C area and it’s been difficult getting that better quality tenant due to being in the “CUT” as they say.