Look for a location with low crime, then look for the neighborhoods with the best schools.

Neighborhood BThank you

B- area or less, the sign notifies the neighborhood thugs that the house is vacant. 

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

If your not shopping you loan I feel you arent doing your job as an investor. 

We do comparison shopping with similar properties several days per week.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

My client recently purchased a 3/2 single family house for $160k that was near turnkey and already rented at $1900/month and in a very desirable residential neighborhood!

no one killed that we know of so far but several injuries and a few neighborhoods hit pretty badly. 

Shopping around for turnkey and property managemtn companies myself.