Blue, Green, Yellow, Orange, and Red are A, B, C, D, and F, respectively.

I closed on a nice house in a B to B+ neighborhood in Ontario, CA.

I would /will only buy  a S.F.H in A ,B areas only  do all the rehab up front .I  have contacts to help in the rehab  plus my own knowledge can get the job done on a tight budget .Then I fire it up start the rent I keep all my SFH in tight area . 

They have a great track record and seem to do well there but I may want to try a B class at some point.  

Class A/B SFR were still raising rents 5% give or take. 

If I was going to use a HELOC for investing (which I've done several times), I'd buy a vacation rental or multi-family in a B class neighborhood.

In AB we now have 4.8M people, 220K of those moved here last year. 

I would seriously consider househacking a 2-4 unit property in like a B neighborhood.

🤦‍♂️Quick story: In 2011, after several months of searching, I found a decent, brick side-by-side duplex in a B+ neighborhood with a good school district.

@Dayton Bourassa one issue you haven't addressed is whether these properties, and the corresponding tenants, are Class A, B, C or D.Why this matters?