.: What I find a bit interesting is people won’t consider buying a rental in a D-class neighborhood in their own city, but open to buying D-class 2000 miles away.

for the FWIW file and congrats on selling your bizz thats a nice payday.most of the folks I have done bizz with over the years that are very liquid will buy as high end of rentals as they can  IE A class and put professional management in there. many states require on site manager over a certain amount of units as well.. so the PM is really managing this employee that is mandatory for you to have.. this could work well for you you manage the on site manager let them do the dirty work and you stay engaged and gives you something to do.. good luck with it..

The high-interest environment without (what we thought would be) a positively correlated cap rate has certainly messed up our traditional thinking.A few years back I wouldn't have touched a class-B/C multi-family for under a 7.5% cap and 20% down with 25% amortization at a ridiculously low rate. 

Others are in the camp of staying the course.Ultimately, this is going to result in lawsuits (likely class action) and cost the county far more to defend.

Fairborn, which is maybe a B or a C class neighborhood, is home to Wright Patterson Air Force Base so lots of potential for military families and single Airmen/Guardians moving off base.

For example, I like to buy in Class A neighborhoods and I've found that wholesalers typically don't have much in those neighborhoods.  

I have invested in a couple of dozen syndications with about 10 sponsors across a variety of asset classes in different areas of the country.

You can find every type of property in everything spanning from A class to C-. 

What type of properties are you interested in purchasing seems to be going after a very specific asset class purchase price amount.

You can use these groups and networks to find best in class syndicators - including those who accept non-accredited investors.