My only comment would be that C class properties are not worth the discount you’d get at acquisition.

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

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.

Passed the in-class exam and state exam first time.

I am looking for recommendations on a solid property management company that can deal with a C class property the has a few section 8 tenants.

This has a lot to do with your location, building class, etc.

@John Balzowski what no ones mentioning is an investor should understand Property Classes.The numbers you've done in TX, appear to be for Class B properties.

In the meantime use this resource to find out the areas around hereUse this rating and classification system I have created over time to get an idea of the "Class" for the area - A class B class & so onhttps://www.areavibes.com/Here is my rating & classification for each livability score. 80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below F

Memphis (*Dont invest in 38002,38106,38108 iffy, 38109,38114,38126,38127*) GOOD Areas **38016,38018 38117,38118,38128,38133,38134,38135,38016 38111 University is ok Memphis B areas, better tenants: These areas are:Bartlett (38134, 38133)Cordova (38018, 38016)East Memphis (38117)South East Memphis (38125)A little bit of a lower class would be: 38122, 38111, 38116, 38141, 38115

Most lenders do not like these lower property values because they are too risky of an asset class, little return in interest and fees, and long term financing will be an issue as well.