I suspect the sources you are referring to are the same who educate others on associating with more established sponsors to give the perception that more of a track and experience exists.

Everyone has a different perception on the different asset classes.Just depends on how you where born and bread 🤷🏻Someone living in Beverly Hills would call my "B class" a "Z Class" lolI consider B class in Toledo to be as follows:1) Good infrastructure supporting home owner and tenant demand (Schools, colleges, hospitals, medical centers, larger employers, etc...)2) Employed tenants that are sophisticated enough to pay rent online.3) Well kept yards, no bordered up homes, pride of ownership in the community.4) Mix of home owners and investor owned (Leaning more toward home owners)5) Lower crime rates and some upside potential from an appreciation standpoint.6) Entry sub $100,000 with 8-10% net returns on cash investments.Every market has different numbers and cashflow expectations Much success

The use type is certainly residential, but the common market perception is residential is primarily owner occupant product.  

Everyone has different perceptions for B Class and this is mine based off our market in Toledo.1) Mix of investor owned and home owners (Last few years leaning more toward home owners buying)2) Infrastructure supporting tenant and home owner demand (Car manufacturers, ProMedica hospital, Washington Local School District, Toledo University, etc...)3) Homes well kept, yards mowed, none or very few bordered up homes, cars with wheels, pride of ownership, lower crime, no riff raff roaming the streets lol4) All tenants employed and submit rent payments online.

Firstly, I commend you for having this perception at this point in your journey.I would state that at your working age you have considerably more longevity and runway and time for compounding returns. 

See what offers you get and if it's near your asking price.Your perception of "junk" might not be anyone else's perception.

What may be skewing your perception is your think of Self-Employed persons, say a plumber, electrician etc., who strike out on own as a "business".

I think all of this math makes people's eyes glaze over and they fail to actually read everything... missing the entire point of the conversation.Another great perception was that YES, the usage of a NEGATIVE Cash Flow in my example was to compound the fact that NOT ONLY was it a NEGATIVE Cash Flow BUT it was ZERO Appreciation and you can STILL make over 9%!!

This may not seem fair but perception is at times reality. 

Kansas City Chiefs' victories have undoubtedly increased visibility and positive perception of the city.