.- Fourplex usually has B to C neighborhood but should cashflow better.- Austin has been bubbled and not a market for cashflow.

Hi BB Forum,We are interested to learn and get input on B/C class neighborhoods in Pheonix where we can action the following:- Wholesale (Stage 1)- Fix/Flip (Stage 2)- BRRRR (Stage 2)- Buy/Hold (Stage 3)We are out of state investors looking at the best market/neighborhoods to have longevity in.

If you are in a working class market with a B/C type rental, the answer for me is NEVER!

It is tough because it feels like a mix but I would say it is a B-/C+ area so I will think about that when doing this.

I've attached photos with rough mockups of the options (A, B, & C) we are considering.  

We manage a lot of properties in C class areas, there is money to be made, but you need a quality asset,  a great screening system, and you need to be able to realistically quantify the risk. 

You could put 25% down and grab some of the extra cash you have and make the place more higher end - can equal higher rents - then sell for more in 4 yrs b/c it brings in more income.

@Garry C., thanks for the shout out!  

C-class locations can make money but your operatins need to be on point.

Of course, this take a lot of time and it's often easier to just deny them.BTW: what is the Class of your property, as this sounds like a Class C applicant at best, more likely Class D.