Rates are low right now and should not affect your decision making.....what should be paramount is the bottom line numbers that matter to you - ROI, Cash Flow, Appreciation, C to C, or a combination of these....

This one is/was a C- or worse at the beginning and now they would be about a B quality buildings in a Cish neighborhood.

This one is/was a C- or worse at the beginning and now they would be about a B quality buildings in a Cish neighborhood.

If you buy class C or D properties you are going to have way more issues than you can ever anticipate on paper.

@Hadar Giladi most of the Midwest cities you can still BRRR, but you have to make sure someone doesn't take advantage of you by selling you something they represent as Class B, when it's really Class C or D.

If Class B, C  or D, then what credit score are you expecting from an applicant?

With a budget of $200k, your 2-4 options are going to be limited mostly to the south side of Chicago which is either going to be C or D class.

Lesson learned - always bet on the horse, not the jockey.

How it looks is how she will take care of your property.Is your property she applied for Class A, B, C or D?

tend to believe everyone is motivated by money; people who are lifestyle motivated think everyone is motivated by the least amount of time expended; people who are risk adverse can’t believe other people are willing to “bet” on outcomes even when the odds are clearly in their favor. 80% of the time (IMO) people who make decisions we disagree with are not making stupid, ill informed decisions or being “tricked”; they just have motivation, needs and desires different that our own.