But I do think that the overall quality is very low compared to the rest of the US.

Below is some copy & paste info about our methodology:----------------------------------------------------------------------------------------------------------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?

Some people will say, "Take out a quality Insurance Policy and you will be protected."

Where do you think a rehab is more likely to net the better sweat appreciation the high property value market or the low property value market?  

I have done it successfully on my last 2 buildouts, maybe 3, but only because I was able to acquire the properties at a very low price and I did all the work in-house (myself and some hired hands on staff).

I just closed a DSCR loan on a Duplex with Total Quality Lending.

Focusing solely on numbers often leads to the purchase of low-quality properties.

By definition, these type of loans are not the same quality as what is traded on wall street. 

Positives are proximity, low property taxes, no income taxes, no weather events, very low maintenance stucco/tile structures, “young” properties (5-20 years old) 

The current status of the market is low end rentals land lords that let the houses look like crap.