Id generally classify Frederick as B class and Hagerstown as C-.

Check the classifieds here and you will see some wholesale deals but also it is a way to find the wholesalers. 

Hey Brian, You might consider posting this in the CLASSIFIEDS section of BP.

What would you classify as a C neighborhood in Bakersfield, i.e.

I'm not sure how the law applies to single-family cabins, but I'm pretty sure the hot-tub isn't classified as public, so the law requiring sound-activation in the hot-tub doesn't apply.Any info would be appreciated.

Consequently I'd have to take money I already have and re-classify it from a liability to income. 

Hey Vickie :)I'm a real estate broker, investor, and manager of 100+ STR and LTR properties, but I am NOT a CPA or a lawyer and you should consult both...Rehab is usually classified as Capital Expenditure (my CPA informed me that the "Safe Harbor Threshold" is about $2500... meaning MORE than $2500 would be Capex, less than $2500 would be supplies...)The value add presumably will increase the sales price and therefore the capital gains, which you'll roll into your new property so it's a net zero...Hopefully this answers your question.

We used algorithms and math to create rules to classify areas...this is a very scientific journey...and my B-class is probably significantly different than most...so, I think the fundamental question is what makes a B-class location B-class...It's also important to note the structure...even using the simple class factor...a 200 year old property with a stone foundation in an "A-class" neighborhood may turn into a cashflow killing money pit...Best of luck

@Chris KendrickI think what @Ashish Acharya is referring to is the difference between real estate investors, versus a real estate dealer.read here:https://www.propstream.com/rea...I classify myself as an investor because I primarily have long term rentals.  

Posting something in the classifieds "LOOKING FOR" might be a better location for you to find the insight you are looking for!