On other side of coin, doing AAA; A-class assets, A-class tenants, A-class area.....

One of the biggest challenges of investing in Rustbelt cities is knowing where to invest and properly understanding the cooresponding pros & cons.Here's copy & paste advice we share to help to address this challenge:-------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

You can find a duplex in a C-class neighborhood for about $210k+.

@Joseph Gary there are Class B Neighborhoods in Detroit and most of the Ring Cities (suburban cities touching Detroit) are now Class B.We've got it all mapped out @ our website.DM us if you'd like to discuss more:)

With rates coming down should help some sellers off load over priced properties and will help buyers get aggressive with good class A and B locations.

I am off to the boat show so done for today best of luck.

@Adam OrtizRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

@Jeffery Jones you understand you'll be buying Class C & D properties, not in the best of areas?

I guess Air BnB is the newest hot topic.. nice southern gentlemen.. can't comment on his class or anything like that since I have not sat through it..

I'm passionate about real estate and how utilizing this asset class can enable me to build generational wealth and retire early.