When I was a landlord I implemented value add, but they were B+ properties so not much difference in quality of flip.

You might want to stick with A or B+ neighborhoods which have better tenants.

Are you referencing more A and B class type neighborhoods that may drive a greater appreciation?  

Quote from @Zeb B.: If the 1940s wiring is original then it is definitely due for an upgrade.

[b]Originally posted by Keith Ottman:great discussion.prediction for bp: joshua will select, or, bp members will vote to have one bp online mentor monitor specific forums, and then that mentor will share his/her expert opinion, which will bring topics to a knowledgeable finish.i say this because often enough a topic will be introduced, and someone will respond with what seems to be good, sound advice/insight.

The house is a 4 bed/2 bath in a B neighborhood, conveniently located, zoned to decent schools. 

Nighttime security guard at a large complex in a Class B area.

I don't Think Don would need to unless he had some affiliation with them to be doing some special deal just B/C they are a church..

Speaking as someone who had multiple CA B level licenses, how are you going to qualify?

You'll also get the best relative tenants and the least amont of headaches.As you go down the alphabet, from A, to B, to C, to D properties, the relative appreciation decreases, but the cashflow increases - along with tenant performance issues and thus performance risk.What you want to pursue will dictate what areas to invest in.Let us know if you'd like to know more about Metro Detroit options.