I never bet on future appreciation or rent increases.

It worked for me in new england.Thinking about it now, It might be a better strategy to pool all my capital into just a large building that cashflows well. and then buying a hud house or condo to fix up and live in and bet on the appreciation of that kind of property, rather than hoping for appreciation of a building where rents are way too low to justify the price.

I know that's a very general overview, but there are literally areas in the city where crossing a street or two can take you from a B to a C or C to D.

Defintely lot a C or D area.But really just curious what advice you can lend on this?

I'm looking more for the best IRR/cashflow C or better type properties.

A colleague asked one bank and they said no but if you try 30 local banks I bet one will say yes.

Is that a rapid growing areaIs this a B, C or D class?

I only buy and hold in A and B areas, if I were buying in C or lower, I would flip it get it off the books.

It is not a term determining how much to put into renovationClass c or d i wouldnt over fix which is common.

It always seems like every poster who says investing for appreciation is gambling is willing to bet on depreciation.