This is a B+ suburb of Milwaukee, with good schools and low crime.My questions are 1) Will there be a decrease in rent due to the location of this SFR other factors being equal?

For a typical rental property in an A, B, C class area?

Just trying to wade through it all with the goal of making my first offer in the coming months.I'm interested in long-term buy and hold, willing to take a hit on CoC to secure a solid SFR in a B+ or higher neighborhood. 

I might accept a B+ multi family in a great location with indicators of growth at a lower rate of return, whereas I would demand more from a C class in a less healthy area.

Right now if you are looking in the Ohio area you would need to spend at least $80k for a $950 SFR in a B area.Or at least $60k in a C area with some reno work performed by you or your team.Lenders are offering 15% down loans.

That was the first lesson I learned, never tell another wholesaler about a potential deal you don't have under contract yet.Maybe a Non disclosure before you tell another wholesaler ab a deal. 

@Johnny Manziel, if it's genuinely a "B+" area, and $67.5k/door is a provable bargain, then you may well land on your feet with this one, though I suspect that being the landlord/manager for the other three units will prove to be a lot more work/expense than you anticipate.Paying a PM would generally cost around 10% gross rent, not 20-25%.

This is a B class neighborhood and the property should rent quickly.

In my experience, only about 1 in 10 tenants in the A/B areas will care for a yard with sprinklers.

Because I was able to get a "C-" property in a "B to B+" area at 50% of ARV, I'm sitting pretty for the third "R" in BRRRR.