If I was doing C or below I probably would not take pets.

Don't bet on capital gains though, unless you get a deal and/or can generate forced appreciation.For anything else, good luck to you, unless you buy for mainly lifestyle purposes!

Whether you report the income and loss in Sch C or Sch E depends on whether the income is active or passive respectively.

Since I make a living with my rental property business, I do not BET on appreciation.

***Only exception is if an owner has plan & funds to reposition Class D to Class C or higher.https://www.biggerpockets.com/forums/776/topics/960183-what-they-dont-tell-you-about-cheap-rental-properties?

Fellow CT investors, I'm in the market for a SFH for buy and hold investing (BRRRR strategy) but I don't have the risk tolerance for C or lower tenant neighborhoods.My instinct is to stay out of Hartford (Connecticut), but I was wondering if there are any neighborhoods in Hartford proper (not suburbs) that are considered B or higher based on your experience as landlords, for single family properties.Obviously there are locations on the West Hartford border, for example, that are solid, but the poor state of schools in Hartford negatively affects values, even on the same street.

This is because you are operating under your social security number and filing on a schedule C or schedule E and not a separate corporate or partnership return. 

Look at https://www.epa.gov/cleanups/c...Or just pay someone to look for past use and contamination. 

So you can spend $62,500 + closing cost to get into a B class property in good shape or you can spend $25,000 + closing cost to get into a C or lower class property that is high risk and will need lots of out of pocket money to upgrade. 

Some of the 36116 will be C or D areas within a few years.