Even those who bought at last peak 2006-2007 are unloading if they don't live there.My office is not far from you on Hamilton/ Bascom. 

I suspect we will see a lot of the smaller players with little experience having to unload their properties with the rising interest rates. 

talk to local building supply stores/lumber yard, most have door shops, they should help

The only thing I would remember is that the lumber company will probably send you a 1099 and report that income to the IRS, so don't forget it is income and have the IRS money set aside.

Transitioning to a C class and increasing rents as well as reducing operating costs by better screening could work but you need a greater return in the lower class areas to justify the headaches.Start with a really low offer and test to see how desperate the seller is to unload the property.

While sales volume is picking up in many markets sales prices are going down.Banks see this as a time to unload some more REO on the market.So if you are flipping there are many other factors and risk involved versus holding long term as a rental.Let us know what you are trying to do and ti will help.

Oh And remember to always ask for a hand full of pencils when checking out at the lumber yard

They are available at Lumber Liquidators for around 3.50/s.f.

I unlocked the deadbolt and there were some rudimentary pieces of lumber blocking the door. 

Prices of everything are starting to tick down a bit (but mainly lumber and labor).