Class C is more work than class B, but if managed well can do great.  

If it would concentrate on rent collection only and do it well, it might be okay.

I believe I will just be taking over his insurance as well, or that is the intent.

A local property manager will make this much easier and handle the visits for you.Single-family homes can still do well, even with more apartments popping up, as they cater to tenants who want privacy and space.

WELL, thats what we planned so far.

As a matter of fact, far too many these days don't write contracts or stick to their price commitments after the project is well underway. 

I found houses that had not been well kept up.

G'Day Alejandro,As a few have already mentioned, take a peak at Toledo also.In my opinion lower potential for long term appreciation but solid/"boring" cashflow.I prefer my portfolio to be "boring" but cashflowing lolLow entry points (Sub $100,000), high rents (Above the 1% rule).Blue collar working class decent folks that will stay and pay.Depending on the area but no derelict homes, yards well kept, cars with wheels and all tenants are employed.Plus, all are sophisticated enough to pay rent online so property management doesn't have to collect rents with bullet proof vests and shot guns lolI'm bias toward Toledo but it's worth considering.Wishing you much success

In my view they made the correct decision and if you spent significant time recovering this cost, well I think we all know what that is. 

I’m ideally looking to buy that first property in San Diego.ThanksSounds like you're well positioned.