These properties are all D class properties and if a C or B property actually makes it to auction you won't have a chance unless you show up with 200k in your pocket.

If you waited around for years between inspections In a c or d class neighborhood you’d likely be in for a rude awakening when you opened the door to your place only to find it has been converted into a crack house with graffiti on the wall and a basement with two foot of standing water in it .

@Jean-Frank Dorvil with that wide a range both rental and flip properties as well as b,c or d properties I would say the neighborhood doesn't make near as much difference as the quality of the deal. 

Today's market is tough in most places; keep looking and don't compromise this is all about making money and I don't bet on appreciation at this stage of the market.

You may do AYou may do B or You may do A, B, or C or A, B and C but not if in one of those you agreed not to do the any of the others or somehow gave up your right to do them.

Take a look around BP for the "90 day challenge" - plus I would bet on a number of upcoming resources and webinars designed to help people with buying their first property by the end of the year.If you've already done all that and are still struggling with which direction to go, the bottom line is that it doesn't matter.

Definitely Class C or maybe even Class D :) .

Doing things in the right order matters as in most rental markets it would be harder to get good investment returns for example on refinishing hard wood floors for a rental... buyers appreciate/expect refinished floors more than the typical renter... you also would not want to have 5 years of wear on refinished floors to then put it up for sale.Do all that and in 5 years you can still decide to keep it you will likely have massively increased the appraisal value, do a COR and fund your next deal. 

I would be looking for a place that would be either in the A or B lists - so C+ or above. 

Everyone rents in c or d class areas so there’s no shortage of tenants .