@Gustavo Mendoza it really depends on the tenant and state/local laws.Class A tenants, usually having 680+ credit scores, can be held accountable for a 12 month lease.Most Class B tenants, 620-680 scores, can also.With Class C tenants, under 620 scores, many won't care if a lease is 12 months or MTM, they will move when they please.

You can assign classes to each of your properties to break them out separately on on your reports. 

What type of asset class do you think will thrive in a place like this?

We love good working class neighborhoods with great tenants who stay for years.

I have always used this method, and have never had any issues with clawbacks or reversals in over 10 years of managing class C tenants.

@Dushan Selvakumar Recommend Class C+ and above.

In my early career I was building mostly in class C neighborhoods.

So if you are buying in class C/D area, you will have higher turnover costs than in Class A areas with Class A tenants.  

Overall the people in Syracuse are working class or lower middle class. 

Never invest in war zones class D neighborhoods.