Now we're seeing investors pouring money into buying Class C rentals - but, many are getting burned.In our experience & opinion, the main determinant of property Class is not location or even property condition, those are #2 and #3.

Started renting it out in Summer of '24 when I first moved!

Buying a large new build home can also work well as a house hack as you can charge a premium rent, and generally most bedrooms built now a days have en suites (at least in my market).  

Deposit rent into checking account, transfer excess funds into brokerage account, make money. 

The rent from this property covers the mortgage.

The location is key, with easy access to transportation, parks, and the rich cultural heritage of the area.

My ideal location would currently actually be Augusta, GA because I really want to start somewhere with a very low crime rate. 

That was just one of my properties and I now have multiple in different vacation locations.  

My current agent suggested if it made sense financially, to do some rehab work to get the properties rent-ready, but I do not have the liquid funds to do so and sell these as-is.

The tenant fails to pay their last month's rent and leaves the place needing new flooring and paint.