What rating would you give this area a C or D or F ?

I am also too conservative to bet on house appreciation, even though it is a nice area.

Tenant type-  a deal breaker for me is a  C or lower area- if I have to pick my rent up in cash no thanks - but that is me.

I was listening to Brie's podcast this morning and I started thinking about which class, over the long run, is the best for rental income (and headaches) : A, B, C, or D.

But, a C or (gasp) D neighborhood on an all bills paid property?!

Determine your criteria and stick to it...c or b apartments with pitched roofs, brick construction, on a main road with good marketing opportunities, close to relatively good schools for the market, on a bus route, with a mix of studio 1 and 2 bedroom apartments might be a start for example....You need an accurate picture of where the property is at now.

I normally dont touch more than 10-12 % vacancy unless I m renovating- Is it a C or C - neighborhood?

Right now there is a lot of uncertainty around this so many people are still opting to use the 506(c) or the legacy 506 exemptions.

This is going to vary by market, and even in markets where 2% is possible, you may be looking at C or D class properties.5.

As Gordon Gecko said, “I only bet on sure things kid.”