It's affordable but $180,000 (move in ready) will buy you a Class C to maybe B area.

---We've seen so MANY investors do incorrect analysis, not understand the asset class they bought, etc. - then they lose thousands:(Here's some useful food for thought (copy & paste):.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

We are used to Class D tenants where you need lots of fees and rules to keep them from destroying your property. 

what I have done with the few rentals i have ( which are A class new builds) we have a fico score requirement of 720. 

From the postings so far, it seems if everyone is thinking of only Class A properties.How much sense does it make to rehab a Class C property to Class A standards?

It's a mix between B/A class. 

Is this a C class? 

They pitched to overworked middle class folks that they do "95% of the heavy lifting".

It's more complicated with class d and some class c.  

Where I have had luck and seen many of my clients making it work is on bigger 3/4 units in class A/B areas where ARV goes to 800k-1.1 million, as provides a big enough margin.