@Ana Nomys  @Thomas Young Classification of PropertiesA Properties-Cream of the CropBuilt within last 10 yearsRented by younger professions Command Highest rentsAmenities Pool, Workout Room, Tennis Clubhouse etc.High Speed internet, Alarm systems etc.Properties lower maintenance low-risk tenantsTenants maybe relocating, looking for a home, Dual Income couples no kidsTurnover higher than a C PropertyConsider Highest and Best use maybe a special population.B Properties Still High EndBuilt in last 20 yearsRents quite high not as high as A propertyTenants white collar workers and higher paid blue collarC Properties Gold that looks like leadBuilt within the last 30 years.Tenants blue collar some government sponsored Vehicles in lot >10 years old and > number of pickup trucksMost vehicles gone during the day—workingSome deferred maintenance.In rentals foreverD Properties-Worst Area of townBuilt 40 years or moreGood CashflowManagement IntensiveNot a good starting out propertyAssisted housing, out of prison, hard luck etc.Lets take a look at the city and grade the areas.Grading Areas of the CityA AreasUpper level society resideHigh end PropertiesPath of ProgressConstruction tear down old build newB AreasBlue collar workers liveBusiness in area serve needs, bowling alleys, Nail salons, pizza movie rentals etc.Comb subsidized housing and othersIf you allow subsidized make sure they have a job.C AreasFilled with restaurants and business that support c-type tenantsOld strip malls in need of repair.

You have refrigeration, Air Conditioning, a smart phone, the internet, Air Jordans, two computers, take vacations, go to college, 37 flavors of ice cream, have 365 channels of TV (I didn't say they were worth watching ;-) health insurance, life insurance, fire insurance, auto insurance, home owner's insurance, SDIRA, 401(k), plastic surgery, viagra, fast food and can call the shots of just about anything you want to do or be.I grew up in a 790 sq ft house with 4 brothers, a cousin & aunt and my folks. 

Around the Northern Virginia area certain locations got really creamed (over-corrected) and we have had quite a bounce, I neglected to mention two properties that I bought as intended rentals and ended up flipping.

There is a correlation between the cost of a bag of potato chips and the consumption of sour cream.  

My social group these days pretty much consists of Harley Owners Group people who are all succesful in what they do and don't need to network for more business or brag or talk shop or do anything but follow our official motto which is "Ride and Have Fun".And while that's our official motto, every year we raise thousands of dollars for worthy causes or individuals in need or we help deliver hundreds of Christmas presents to local kids and that doesn't even count showing up at nursing homes to play bingo or eat ice cream or roar kids around the parking lot at the Ronald McDonald house or, well, the list goes on.What a true blessing it is to be able to give back.So personally, when some cube-dweller figures I've got some kind of easy racket going, or some contractor I hired with a hand-shake rips me off with the final bill because he thinks I print money, or some unemployed carpenter I hired to help him out breaks into my storage shed and steals my stuff because he knows 'all landlords are wealthy', well, I just can't worry about what the people who don't matter to me think.

My wife says that she rarely ever recommends light colors for exterior paint, but given that this is a cute little cottage type, a light cream or light yellow might be really nice.

I was looking for a spot to put in an Ice Cream store, and stumbled upon a 7000 sq. ft.

Can they get the cream of the crop?

I have lent with seller financing and the taxes creamed me with kids at home. 

Any natural appreciation I get is just the cream on top.