This property was originally a fixer-upper that I finally brought to a point where it is in good condition, has good tenants and good, predictable cash-flow.

One of the biggest challenges of investing in Rustbelt cities is knowing where to invest and properly understanding the cooresponding pros & cons.Here's copy & paste advice we share to help to address this challenge:-------------------------------------------------------------------------------------------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 Class A property in Class D area, what quality of tenant will you get?

If they only look at comparable sales, they will be including Handyman specials/fixer uppers in their valuation.

For example, laminate and tape it to the back of each bedroom door, inside the upper cabinet closest to the refrigerator, in the laundry room, etc.Finally, inspect and enforce.

@Joe Gellenbeck 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 Class A property in Class D area, what quality of tenant will you get?

Are you in the process of taking the licensing class now?

@Thomas Loyola you haven't addressed the Class of property you intend to buy, so your assumptions could be too low or too high.Your biggest challenge is you are assuming you have to pay asking prices!

$548  - HiSense 85" Class R6 4k UHD Roku TV - https://www.walmart.com/ip/The-Hisense-Roku-TV-R6-Series-pac..$178  -  TCL 43” Class Q5 4K UHD  Roku TV - https://www.walmart.com/ip/43-HDR-QLED/7655563299$5.00  -  Sertapedic Dreamloft Bed Pillow, Standard Size (20"x26") - https://www.walmart.com/ip/seort/5493381861$228  -  TCL 65” Class S4 4K UHD HDR LED Roku TV - https://www.walmart.com/ip/seort/5830084914$50  -  Gourmia 6-Slice Digital Toaster Oven Air Fryer - https://www.walmart.com/ip/GOURMIA-6SL-TO-W-PRO/5650052853$178  - Hisense 55" Class R6 Series 4K UHD Roku TV - https://www.walmart.com/ip/The-Hisense-Roku-TV-R6-Series-pac...$50  - Gourmia All-in-One 14-Quart Air Fryer - https://www.walmart.com/ip/GOURMIA-14QT-AIR-FRY/5466948866$25  - Crock-Pot 7 Quart Oval Manual Slow Cooker - https://www.amazon.com/gp/product/B003OAJGJOOk, so as you can see, the algorithm grabbed up a bunch of Walmart deals this time around.

The upper level has three long-term tenants (5+ years) with opportunities for upgrades and rent increases.

The building features three long-term tenants on the upper level, each occupying spaces for over five years, with opportunities for upgrades and rent increases.