My properties would fall into C or D according to Scott Anderson's neighborhoods above but I would have called them a B to C+ and I've been happy with them.

Bet on the areas that you think will hold better/appreciate more over time and that you will also have the best pool of tenants to lower the amount of headaches.

I guess my question, I should be able to do everything myself, other than raising the roof and the central a/c, or is there some task I may not be thinking of such as electrical or plumbing I may be overlooking?

Hi BP,I have heard that when you are looking for a place to invest, you should choose a B location and find either a C or D property within that Area so you can bring the property up to a B property.I have two questions for this topic.1.

This is a bit of an older topic, but I wanted to add that for those in C or D class areas, it may be beneficial to you because the tenant will fall into a habit of paying rent first immediately after getting paid...

Others bet on job centers or mass transit.

Perhaps as a speculative bet on future appreciation.Lakewood and Edgewater are better than those areas, but still awful for finding rentals.

There seems to be tons of great information here.

A good wholesaler is your best bet on finding a fixer-upper for a beneficial price.

So, expect long holding times.Don't know if you're aware of the post office closings mentality of congress but I wouldn't bet on a renewal of the lease so much.