I would say it's a C or D area, but it's a great location for a rental as there are a lot of convenient shopping and grocery around and a lot of investors buying in the area.

I would not put a C or D with a property manager unless you dislike money and never want to see it again.

If this is a rental (schedule E) of a business (schSch c) or any other entity, Scorp, Corp, or Partnership. interest expenses for property purchased for a business involved in real estate activities is deductible as a business expense providing that no other criteria thst may otherwise disallow is present, such as personal use of the property or hobby loss is present

Likely need multiple is S and C or if they were of very difference sizes.

You can find tenants without evictions in C or D+ areas, as many other headaches as you may deal with.

Operating in a C- or D-class community requires a proactive, experienced Landlord or Property Manager.

It seems as though correctly picking a a good city to invest in is a lot like picking a stock - no matter what signs you see that make you think a city is undervalued, at the end of the day it is impossible to predict with any certainty because humans control the market and humans are inherently illogical creatures.I would love to hear from people who have placed bets on certain cities as to why they bet on that particular city.

If it’s C or lower put your seatbelt on and get ready to absorb all the BS complaints.

Typically, you would set aside a % of the monthly rent for Vacancy, OpEx (regular maintenance & repairs), CapEx (big stuff like a new roof, A/C or water heater), and Property Management.  

As many major metropolitan areas continue to impose anti-short term rental regulations, property values in profitable true vacation rental markets will continue to rise, as it would be detrimental to the economies in those areas to impose any anti-STR regulations, so STR investors can safely move their investment dollars there.With that being said, it’s wisest to bet on cash-flow, and just look at appreciation as a bonus.