C class renovations are of less quality than a B  ( The  cheap Lowes Commodes vs a decent American Standard for example) and in many Indy areas the C class homes we always a C class area and the original home was built cheaply.

I don’t throw good money after bad.

I'm sure you got lots of advice already, so I'm just going to throw this out there....

Would you throw caution to the wind and jump in with both feet, using half of your savings to build up a real estate portfolio?

Good tenants will leave when you ask them to pay for an appliance because you're too cheap to replace your own property.

I would advise to find a lawyer or a attorney that specializes in real estate and throw a couple of bucks there way so that you can get their illegal advice and if you can legally charge them to replace it professionally 100% do that

Personally I think more often than not it will be throwing out good money after bad, but seeing which capital call end up saving the day and which won’t will be interesting. 

For something that cheap I'd replace it and forget it.

With their backlink service it’s not cheap because of the quality of the links, but I’ve personally vetted their process and as far as hiring out a service in this space for links, it’s the best I’ve seen so far. 

To me the cost of note servicing seems cheap compared to missing out on even one good deal per year.