Most of my locations are in areas that a store maybe 10 minutes away. 

Hello,Can anyone help with locating A, B, C, and D areas in Dallas and Ft.

We have located a good parcel of land at a fair price, only issue is it's currently zoned for residential and we are planning to develop a small, 8-unit apartment on it.

Of course this can be different depending on where the property is located but if you can meet these requirements, then it would be considered a bedroom.Notice that closet isn't listed like I had pointed out in my first post.

To answer your question yes its enough but in many cases it might be risky.2. location, room to raise rents, occupancy of property, local laws, type of investment are just a few topics that play a huge part. 

You're not going to know the whole city from one visit but you may be able to identify and drive one or two strong "buy" locations for yourself.Best of luck!

People are now locating their properties and trying to find people to manage or even if they have tenants, who is paying, who is not and finding the homes to be in sub par condition.

The property would be in a C+ to B- type location, with cash flow as the main objective and appreciation second (75/25 split).

But the property could be an incredible deal and also would be a very special property do to its location and potential to be brought back to life. 

So for a Qualified intermediary, I see that you are, does location/state matter?