@Jason Appel so im on the opposite side of the spectrum for waterbury.

I still plan on starting my real estate investments with non-favela properties, but I'll keep my eyes open to possibilities in this spectrum....

I am a stay at home dad of 2 kids, one is on the Autism Spectrum, so I stay pretty busy.  

C class will definitely be hit first, but this could extend up the spectrum depending on how long the lock downs persist.

My main barrier is:1) Lack of Cash-flow - I live in a market where rental rates and home prices are on opposite sides of the spectrum.

They’re pretty much at the opposite ends of the spectrum.

Hi @James Campbell, we just closed on both a HELOC and a Spectrum Home Loan with PCU a few days ago. 

I would recommend a spread across the spectrum as @Daniel Hyman suggested, the old adage of "... eggs and baskets..." come into play.

We offer commercial lending as well as the full spectrum of residential products, including construction.  

----------------------------------------------------------------------------------------------------------------------------------------------------------------------------Now for the value add partBuild an ADU for $40,000-$90,000 (Property allows for a number of ways to build something).Or on the simpler end of the spectrum build a deck with a Yurt for $5,000-$10,000 to move into.Rent out the upstairs and downstairs ($3587-$3400= $187 remaining or $3150-$3400= $250 cashflow)Or there are definitely ways to add value to this house through bathroom remodel or adding some square footage to accommodate an additional bedroom.