I already put in $60k down payment on 2 cheap Class C properties Midwest (Indiana) in 2023 - if I had to do it over I wouldn't have bought them.

HUD targets average rents for an area, so just like average school grades, this typically translates to Class C property rents.In our Metro Detroit market, the MAJORITY of the claims about getting higher than market rents can be traced to a Class D Neighborhood/Property. 

@Andrew C. is right.

They already lost some major players due to the state capping rates https://www.foxbusiness.com/lifestyle/california-insurance-c... will all insurance companies stop coverage, raise rates or reduce what they cover?

Personal criteria, building criteria and area criteria will all affect the way a deal appears on paper. two 100 unit apartment complexes, one in an A area and one in a C+ area will have very different financial breakdowns and interest groups.Want to know if a deal is good (for you)?

This system is called online TIN matching, and you will have to sign up for IRS eServices in advance and share your personal information in the process.My contractor says he is a business and does not need a 1099He is wrong.There is an exemption for corporations, both C-corporations and S-corporations.

I would target high lien to value properties in class C/D areas that are owned by an LLC.The supreme court case Tyler v.

Quote from @Andrew C.: I have an STR in Niagara Falls and it does pretty well based on the purchase price. 

Even if I have to lower the rate by $200 to find the right tenant, I am still ahead of the game by a C-note by year's end.Just my 2 cents, I hope you have already found a tenant for your home by the time this post drops!  

.- I've read about A, B, C, and D class properties.