Really class A/B/C/D are all very subjective. 

Anywhere on up the MetroNorth line are good, dare I say even Bridgeport.

Anyone that dares claiming DMM works, needs to have their heads examined.Before you complain and fight with this statement, answer this single question BEFORE you dispute my claim.If I gave you a field of airplanes, 1000's of them and told you that only 3% would reach your destination, and the rest will crash and burn.

Thanks,No problem Nathan,The lower end classed like C and D are much worse than in any other major city IMO.

I personally wouldn't dare mess with the Arms Length Agreement when you can find another tenant.

Just because they saved up and scheduled that vacation for a year, how dare they say they can't afford to pay you the amount you demand!

I typically look for notes with at least 20% down from the borrower and at least one (but typically 2 or more) years of payment history (seasoning) so at time I purchase, the UPB (unpaid principle balance) is better than 75% of the true current market value today and then with my discount, it moves well below the 70% range, most often below 65% providing my principle enough equity that it could say to the borrower ("I dare you to not pay me") - not literally of course, just the mindset.

Appreciation can be $150 per door in a good market.17K properties you can buy 8, because you're price is too low for financing, it may be to low or undesirable even if a HML or private lender would dare go there. 500 in rents is 4K.

What truly interests me, is the home renovations/remodeling aspect, for instance I would love to take an older, distressed property that others would not dare to go near, and roll my sleeves up and do a full reno to where buyers are knocking down the door to get their hands on.

Although higher rents may seem to be an appealing option for you, I wouldn't dare put in a bad tenant in even w/ a great rent deposit.