You need an experienced team you can trust, not to sell you crap to get a commission.Can't tell you how many owners we've taken over their properties from previous PMC's, who were SHOCKED when we showed them video proof their purchases were Class C or D:( Three have sued their previous "turnkey" PMC's.Hey, just came up with this: Take the "N" out of Turnkey and you get Turkey.Any idea what the N could stand for?

Without seeing the numbers, and don't leave anything out, I would bet on the total cost being a lot more than anything you could get in return for it.

@Jay HinrichsIf that were the case here, there would be tons of vacant houses and not a 1/4 of the amount of investors. 

In general, you should never speculate unless you are willing to lose all of the money.Managing a property in a C or D class neighborhood is notoriously difficult.

there should be tons of mobiles in your area, you at the best place to learn about this businessgod luck 

If FEMA changes the Flood Zone (re-maps) the area you could go from low Hazard (B,C, or X) zone to a High Hazard zone (AE or VE zone). 

But nothing else from there.For me, it turned out to be a good return on $100, but I wouldn't bet on that happening again.

Buying a property closer to turnkey is always the safest bet on your first RE investment.

Quick question here, how do you determine an area or neighborhood as B or C, or even class D?

There are times with developers bet on an area and it takes years, if ever to 'gentrify"..I can think of a few examples where brand new sports stadiums were placed in 'up and coming areas' but it hasn't caught on yet.