Many Midwest cities still meet the 1% Rule - but, with Class C properties.

U cant use one set of numbers on all asset class's.. 

Specifically in the Class-B (20k-150k sq ft) assets.

If you want specific advice, things that would be important would be some background on the sponsor (years in business, portfolio size, you don't have to name names), where the property is (city), what it was bought for and when, how much was the loan and when does the loan mature, how much equity was raised, was there any preferred equity or multiple share classes, what is the occupancy, is the sponsor responsive to your communications and providing reports, and so on.

If not those same properties are $120-150K in C/B class, in 2022. 

I did not take a class on the subject though haha

I feel that it is a part of the attraction of the assets class, and it should be included. 

Wondering what c class can bring in Lawrence. 

You can find some value here in C-class properties since there are emerging B-class areas in these towns.

It's probably an upper C to lower-mid B class rental but I am trying to church it up some.