I’m in the same boat so I’m anxious to see what responded you get.

@Ryan Cousins I’m in the same boat looking at SFR’s.

You can get away with using 5% for Class A tenants, but we use 10% for Class B and lower. 3) Tenant Payment Performance: you didn't mention this, but it is important!

2) Focusing on Cashflow vs Appreciation: recipe to buy Class D properties that may take a generation to increase in value. - What type of tenant do you think will live in a Class D property?

Made a costly mistake and learnt from it.Hi @Jay Pragasam I agree with @Harish V. i was in same boat I spoke to few ppl who got really solid return but those ppl invested back in 2015-206 time frame..

Maybe the 600K property area goes from an A to B class area, while the 300K goes from C to B class? 

All complimented with Amazon fulfillment centers, google, and more tech manufacturing jobs.The bad reputation of “Detroit” comes from OOS investors wanting sub $40,000, D class properties in poor condition, because they pencil out to 2-3% deals on paper.

Class of 2000 here, and take a look at the basketball schedule with the Aggie top 15 basket ball team.  

Cover the boat and/or put a "NOT FOR SALE" sign on it and go about your day. 

I've posted about Boutique hotels previously being the next high value investor asset class.. there are several examples of properties that have made 2024 improvements and nearly doubled the income and asset valuation.