I am told that wholesalers in Pennsylvania, Ohio, Illinois, etc. have to abide by crazy rules that don't allow one to use the "C" party's money to fund the A-B transaction.

A lot of this B to C building type products in A B areas traded hands 3 to 4 years ago and now those sellers are selling to 1031 buyers at low cap rates.

Condo fees can be a b*tch. 

Hi @Michael Klinger1) Building class or neighborhood class is very subjective as there's no set requirements to call a property a "B" caliber property or a "C" caliber property, etc.

Lots of great meetups can be found at meetup.com and mines is in my signature link below.http://www.dailynews.com/government-and-politics/2...Tom and others please bring up the New AB 1506 bill to dramtically increase rent control in cities.Amid California’s housing crisis, several state lawmakers want to give cities the right to dramatically increase rent control , including imposing and expand the kind of strict limits that exist in SF, LA Santa Monica and West Hollywood but have been barred since the 1990s.

Personally, I think a *good* property manager has already set the threshold of property values/characteristics within which he/she will operate, because marketing and screening C/D neighborhoods is not the same as marketing/screening A/B neighborhoods, nor is it the same regarding vastly different price points.

Not having a specific criterion (ex asset class(SFH or small MF), A, B, C, D (neighborhood), "general area," turnkey or rehab) does haunt me.

A/B/C?

I have a family member moving to the Raleigh area soon, between 1 st and 15th of march.looking for a single family rental home 4/2ba. in a b class area.

I have a family member moving to the Raleigh area soon, between 1 st and 15th of march.looking for a single family rental home 4/2ba. in a b class area.