Some of the best BRRRR deals I have seen play out this way:You buy a home cheap enough that when you do a renovation and pull out 75-80% LTV, your rent covers your mortgage and you have returned most of your investmentThis is for A-B class areas. 

“If more information was the answer, then we'd all be billionaires with perfect abs.” ― Derek Sivers

I would call it more of a B area, depending on what area you're looking in.

If you're looking for a Single Family (1/1) in a B class area $125k-$145K.

Get a B class property with a normal tenant.

For me personally, I consider it a B neighborhood because it's walking distance to so many amenities, and I felt mostly safe raising my family there, but not everyone is comfortable living in a developing area.Last year (2024), we moved out of the home and converted it into a rental.

Quote from @Jessie Marie-Luce: Can anyone please recommend a great property management team in Calgary, AB (Canada) area?

The street is Byrams Ford, i'm bveing told its closer to a B by my broker.

For example for me, CoC does not matter as I buy in A/B areas and I hold long term so I am comfortable knowing even if I have zero a slightly negative CoC to start over the long term it will turn and I will end up with a nice return after many years. 

If it is a market rate class A, B or even C properties, I would say that it (basic maintenance) is something the tenant should handle considering that for these properties the tenants likely have additional resources to handle small maintenance issues.