We manage a lot of properties in C class areas, there is money to be made, but you need a quality asset,  a great screening system, and you need to be able to realistically quantify the risk. 

We got a bit stodgy at Carrot for about 18 months as we had growing pains, but we've worked crazy hard the past 6 months to build up our teams, hire a world-class COO (she started 2 weeks ago and already making a huge impact) and we're going to be innovating more in the next 2 years than we did in the previous 6. 

Also, living in the property/neighborhood will stop you from buying Class D trainwrecks - which rarely work out anyways. 

This positive cash flow will provide a financial buffer and support your long-term investment goals.Multi-family (MFH) and single-family homes (SFH) are distinct asset classes with different characteristics.

Just be careful of chasing properties in cheap, Class D neighborhoods and expecting Class A results.

C-class locations can make money but your operatins need to be on point.

I am in the same boat.

If it was a Class A property and you had to make it really nice in order to fetch premium rent, I could see spending money on it.

The unit is coming up for rent again soon and I'm wondering if I am opening myself up for a claim of discrimination with this process - where a tenant who is not chosen could claim that I rented to someone else based on their (fill in the blank of protected class)?

., but SFH's are one of the more inefficient asset classes to own.