While Class C could work out if you research and find a gentrifying area, we do NOT recommend Class D areas due to high crime - NEWSFLASH: young doctor killed by tenant over parking dispute:(OPTION #3Buy rental out of stateYour $100k will get you about a $400k rental property.Challenge is understanding Property Classes and what each means for ROI.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

I purchased a 7 unit directly across the parking lot of the EAST CLEV train station.

We also liked it as it was easy to split with a daylight basement to the parking lot and a 3bed 2bath home upstairs.

If I buy house for investment i run the numbers and everything look good but and its a big but... the house on flood zone from 1-10 he at 9 now let me make it clear its not a lake or something close to it city close to downtown chiago not lake around it very metropolitan area.. but flood zone 9 so i know its can be a big factor when i want to riff after i finish my renove there and want to take my money back 75% i know also the insurance van be factor with the price i can pay every month.. so if some have idea or experience with this subject the house located  oak park Illinois.. 

Have you thought about investing in RV Parks?

Just routine maintenance.

Hopefully things will improve when the new Universal Studios park opens up.

Developing a MHP is pricey, have you looked into buying an existing park?

Across from the community park but on a busy street.

We are considering dividing up our land (1-2 acres with the house and 3-4 acres separately) to build an RV park or tiny home community.