Hey Zachary, I've lived in Alabama my whole life and my whole family has been in real estate.

Check out the Life Planner by Lucky Life Tools.  

Several options you can explore to get the down payment capital: Solo401k; HELOC on personal residence or from equity of the SFR; Cash Value Life Insurance Policy; Business Credit; Private Lenders, to name a few.

While they generally have higher market Cap Rates than Class A properties, it is still variable whether they will have good cash flow or be an appreciation play.Class C Property:Continuing down the scale, Class C properties are generally 20 to 30 years old, and pull in blue-collar and moderate-to-lower income tenants who will generally be renters for life.

In theory they've tried all they can and are stuck on stupid feeling there life is about to be burnt to the ground. 

A Realtor friend said he had some of his busiest years during that time so life goes on.

I’m at the stage now where I’m shifting my focus to cost of living and overall quality of life in each area.

It's a much less comfortable home life, but it sets you up to make a great return with less risk. 

@Nate Pucel The depreciation basis for a rental property includes the purchase price plus the cost of renovations and improvements that add value or extend the property's life.

The other thing could be tracking what you have had come up on the last 5-10 projects after closing, i.e. the water heater was at the end of life when we bought the last 6 out of the last 10 properties.