Without a solid plan, fix & flips would be huge gamble.

The "New Development Pitch" turned out to be a really good learning experience.

Now we're seeing investors pouring money into buying Class C rentals - but, many are getting burned.In our experience & opinion, the main determinant of property Class is not location or even property condition, those are #2 and #3.

Lastly, don't be too hasty to move out-of-state until you have some experience. 

In my experience that's not actually the case at least in legitimate evictions for non-payment of rent or breach of another part of the lease.  

I have some experience in commercial and industrial real estate.

Most lenders will vary how aggressive they will get based on the experience of the operator (you), but I don't know any that will lender to someone who's never done a spec build like you're contemplating.

Let us know if you end up purchasing any through action and how that experience goes

You want to find a balance of investing experience, but strong track record of multifamily sales (which you can see on their Zillow profile).

In my experience stoves and refrigerators have WAY less issues than washers, dryers, and probably dishwashers. 3.