There is no class action suit at this point.

Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.

class action is what you see on TV  unless there is insurance money to go after you guys are going to have to pay a LARGE retainer to engage an attorney.. and if your deposits are only 40k or so Suing is a waste of time and money for any litigation that small

Currently their are many SEC and FTC complaints against them and their will soon be a class action lawsuit. 

If you're looking for a Cleveland duplex in a C Class neighborhood with $120ks as your purchase price, you are looking at properties with deferred maintenance.

Quote from @Owen Maiden: Hello, I am looking for C class neighborhoods to invest in.

They are pure GARBGE. 3 months after they issued my premium I still get calls from their clowns to sign something and that insurance is not bound....I dont believe they are operating a insurance company, likely a scam artist to be honest  Sounds like this is an issue with their call center/in-house agency? 

Tiertiary markets can get you to 1% rules on paper but then it'll all be based on demand and tenant class.

2) I'd like to target B class properties, but I've read about significant  apartments added in these areas.

But all of the A/B class areas or rapidly growing cities do not have much at all, and when they hit they get bid up.