Usually, they are centered around downtowns or declined locations that are geographically favored for commuting, jobs, culture, retirement etc..

I think it mostly has to do with their geographical remoteness if it's actually low on BP per capita scale.

It might make sense to split up properties into different geographic regions or communities, but I think you'll be shelling out a lot of money to maintain separate LLCs for each property and getting very little in return.

I don't have a plan B, that is a part of the reason I was writing you guys, any information would be appreciated.Give me a brief description of what you have in mind for different options and I will work on it?

With proper pictures and descriptions I doubt a D class tenant will seek out A class unit.

@George Katsuras I don't think there is any specific formula when reading about a description about a property.

I'm definitely planning on stopping by the property and looking around to see the problems not noted in the description.

"Institutional", because clearly it is and of course not known as an IRS or SEC description.

I lived in Houston many years, and I'm not sure I'd apply that description to many of the HOAs there.

Also include a complete description of the work for each item (where necessary).