Or try the reverse - rehab a property to Class A standards in a Class D neighborhood and try to get a Class A or B tenant to rent it.Unfortunately, many newbie real estate investors are jumping into buying affordable Class C rentals - expecting Class A results.

How do you balance affordability with growth potential?

Quote from @Logan Ransley: Hey Matthew, fantastic and in-depth constructive feedback about our product.

@Pat Aboukhaled wife & I have thought this would be a great use of failing malls for affordable housing.Unfortunately, as @Greg Scott points out, many people take the path of least resistance, which can ruin the idea.So, you'd want security cameras and maybe even security guards to hold residents accountable. 

I believe you can offer her a renewal at $2,000 a month, she won't be able to afford it, and then you have legal grounds to terminate her lease.

Their behavior indicates they are not responsible and don't have the finances to afford your rental.

One of the keys I've found is focusing on neighborhoods that are on the upswing—places with signs of revitalization where you can still get affordable properties.In Memphis, I'd imagine a similar strategy would work.

Our property management company is based out of New Brunswick, we see a lot of success with rentals around Middlesex County and they're more affordable to buy vs North NJ. 

You have a product that is worth $2,000 a month.

I'd buy the best primary single family house you could appropriately afford.