The real estate investing industry uses "Classes" to rank property performance risk, but there's NO agreed upon industry model:(Here's what we use for our Metro Detroit market:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Investing in Peoria sounds intriguing, especially since you’re drawn to the area and its industrial charm.

Looking at this mathematically, if you assume a 50% non-renewal rate (industry standard) and use the low end of the range of $5,000 per non-renewal, there is a loss of $50,000 per year on a 20 unit property.

For an investment of $197, you get a good overview of the MF industry.  

It's a winning combination of direct access to industry experts coupled with building lasting relationships and get direct feedback on your strategies in small-group format.

End goal is get into the commercial housing and industrial.

Banking industry?

I currently work as a Pipefitter (think plumbing but on industrial steroids).

If you’re looking to invest in your backyard, it helps to network with as many locals in the industry as you can.

Thus, an entire scam industry has arisen where, for a few bucks, you too can have your very own "emotional support peacock".