For your strategy to work you have to focus on markets where there are strong indicators the C neighborhood can transition into a B neighborhood.

Appreciate the recommendation to look by neighborhood vs zip.  

Meanwhile, Paces clients very slowly build up their capital, but we all know the majority will spend it and come right back to the group to let Paces organization fund it so he continues building his wealth from all of these "gators".Do I get annoyed hearing about this every day..YES..Do I think it was a great form of revenue for Pace..YES. 

Reinforce entry points with security bars, and consider a monitored alarm system or joining a local neighborhood watch for extra protection.

@Adrian Vann why do you think the cashflow would be negative for an LTR in that neighborhood?

So, I decided to drive a nearby neighborhood close to my residence, recently and document addresses of seemingly vacant distressed properties.

It is discussed at most of these meet ups I go to (usually in the networking that is before and after the organized meeting).  

I really get where you are coming from in your discussion.The thing that resonates with me is the Class A neighborhoods.

If you're in one of the Primo in-town neighborhoods your rent floor should be higher.Compared to short term rental - your gross rents will be lower, but that comes with lower headache. 

We have had stable appreciation in Milwaukee for the last 10+ years, but the issue is that new construction homes have is that they are priced almost double of existing homes in most existing neighborhoods.