Account Closed my budget for a B area would be 80-100K. 

Not looking for a D property that is being passed along as a C or a C being passed for a B.

@Cody, I'm between A-B and B-C on 16th, and between A-B on 8thHey Patrick,Where do you own in town?

His advise was that the return on investment to buy land and build from scratch in a B-grade area would far outweigh what's out there currently.This isn't really my area of expertise.

I class this as a B

Economy goes down and tenants can no longer pay the rent, courts get backlogged with evictions, and the investor has a money pit that sucks away any potential cash flow for years to come.Any investor really needs to go drive these areas if they are looking to buy those types of products.An investor might do better to buy in a B area or better instead for new construction in a subdivision where the home owner rate is high and the renter ratio is low.

Beside affordability,  I am also seeking rent stability in a B/C class area.

I’d say C+, I’ll be able to bring it up to a B with some minor cosmetic renovations.

In AB we get monthly bills for those, in BC where my rentals are the sewer at one place comes twice a year, and the others once a year in the spring. 

@Gigi NewtonAgreed 100%...looks like a BS posting just to help his rating....