I am not suggesting that you cannot diversify however are you looking for cash flow or is buying now, holding for appreciation and or forcing appreciation is your play.Good luck on your journey!

Most often owners have too high of expectations for C/D neighborhoods.

The property has forced air furnace in one unit, two boilers heat the other four units. 

----------------------------------------------------------------------------------------------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?

I was hoping the rate cuts in the last 12 months would have had more of an impact on mortgage rates. 

That led to uncovering significant water damage throughout the first-floor unit's bathroom, forcing an immediate renovation.

This seems that it will have a negative impact on all investors.

I didn't mention it in the post, but I am forced to move because of military orders.

The is fear among the industry the EPA could come in and force you to shut the lagoon down.

That will have a much larger impact on your outcome versus the debt product.