I’ve been running some numbers and the added really nicely.I am an out of state investor in Kansas City MO, and I am based in North Hollywood, CA.I look at couple properties in ZIP 64130 I heard it’s a C class area.I wanted to hear your thoughts about the numbers i put together and if you familiar with the area you can share some Pro and Cons.Thank you fir hanging out here ! 

It's also quite a bit more complicated than "this qualifies for 5 year and this doesn't qualify" since there isn't really a "list of every possible asset and it's depreciation life" most assets that qualify for 5 year fall under asset class 57.0 assets used in distributive trades and services.

Generally speaking, the buyers in the USD market (foreigners and wealthy and upper middle class Mexicans) want a new or turnkey property and don't want to have to do renovations and they prefer new properties over properties that have been renovated.

It's not all rainbows & unicorns, but the city has turned the corner on recovery and those that get in now, in the right areas, should ride a solid recovery wave to wealth.Now that we've covered that, read our standard copy & paste advice about rental investing below:)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.

If you have a class C/D property in a less desirable location you shouldn't ask for the same screening criteria for a class A/B property in a great location.

Hi,I saw some gurus offer classes to invest in out of state section 8 rentals.

No aspirations to continue to build and move in syndications, just plain old buy n holds in class B neighborhoods.

@Lamar AthillRecommend 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 have heard many investors invest in Detroit , Michigan Is Detroit really a block by block area meaning zip codes don't dictate in class neighborhoods? 

Totally, at the end of the day, practically, if you have $1 mil buying power, it is wiser to buy in two Class A $500k house than buy ten $100k duplex somewhere in Ohioville :) You would know it from real live actual execution , HVAC price is the same between 100k houses and 500k houses.