.- They often get sold Class C or D properties while using Class A assumptions - then wonder why they are losing money.Here's some copy & paste info that you hopefully find helpful:-----------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.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.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Quote from @Travis Timmons: You'll likely find a bunch of folks here that set a pile of money on fire investing in Brandon's syndications over the past few years.

This is a story from my past that provides a perfect example as to why investing in tax liens at auction is so dangerous for any but the most experienced and knowledgable investors20 years ago I purchased a SFR as a long term rental investment that sat on a double lot.  

"But rates have been at 7% or higher in the past, and investors still did well!"

I have heard the name of one of the founders mentioned in the past and they had a good reputation.

And im looking at a quadraplex a 5 min drive from the casino.

Our home prices soared over the past 5 years and rents have only gone up incrementally creating an imbalance.

The changes that have occurred in the past year is making sure the comps are truly there, getting the material costs down (or accurate) number with changes all the time on costs. 3.

Maybe a month of vacancy total in the past 3 years.I'll take that deal all day.

Send me a message if you would like to connect with people I have used on hard money deals in the past.