@Andrew C., Windsor Hills ticks all the boxes for many families!

So, many investors are moving down to Class C without fully understanding the corresponding risks.Read more in copy & paste below: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.

Also lets say we accumulate 2 primary in 5 years, we can alway sell because appreciation would kick in ( lets say 5 percent times 5) so equity building is enough to do this in loop cycle.We can do this :    a---->b----->c----a---->d---->c :-) lolit's seriously the highest R/R tax-advantaged strategy we could have in real estate.

Really curious what part of Cleveland this is because this does not sound like C/B class area.

Check Meetup for additional details on time and content.Feel free to direct message me with questions bud.Check out DSM Real Estate Investing Meetup http://meetu.ps/c/3kQdV/lTKpq/d

Quote from @Drew C Grossman: Things like the roof…you can research right away and hire a roofing contractor to come out and fix /replace.

Hopefully, this first investment will launch our journey in real estate.Here are some criteria we have in mind:Not in downtown SacramentoClass C+ or B location, since we will be living in one unit (we just want a safe location)Units with shared walls, not ceilingsSeparately meteredFairly renovated or well-maintained (not a fixer-upper, but if one unit is renovated and the others need some work, we would love the experience of fixing and renovating)Can you think of any other factors we should consider?

I would also consider Nevada - Midwest:  affordable but know the difference between Class A, B, C and D.

@Chris Rogers higher interest rates have caused most Class A property purchases to NOT cashflow for an approximate 3-5 years.So, many naive investors are chasing Class B, C & D properties to cashflow, WITHOUT fully understanding the scope of the additional risks involved:(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.

I think it works for a great buy and hold rental situation, but it is probably a class C neighborhood and you will need to put a lot of money to rehab a 1950's property to get it rent ready.