Stay within your self and don't bet on any outliers and you are probably going to be ok.

I think some people bet on me not running the check or perhaps I'll let some things slide.. but regardless I always feel bad when someone spends their money on an application they know they aren't going to qualify for.

It is hard to find a good cashflowing deal, you would mostly bet on growing equity over the years, just like Toronto, NYC, SF, LA or other expensive coastal market. 

I would also caution against putting your real estate rentals into a C or S Corporation. 

Three years from now they will be living close to their church (which might say something about them, but don't bet on anything) but the reality is, if the property value does not go up, if there is no incentive for the seller to kick you out, and all goes well over the three years, you can probably extend your deal.

GM is worth about $7 billion yet there is more than $1 Trillion 'bet' on it in the CDS marketplace.

I"m good with Class C or B properties, would like to stay around 100K or a little higher as long as I can get 1%, or small multi-family properties.

***Only exception is if an owner has plan & funds to reposition Class D to Class C or higher.https://www.biggerpockets.com/forums/776/topics/960183-what-they-dont-tell-you-about-cheap-rental-properties?

Is this considered C or D neighborhood?

For those using agents on A-B and B-C, are you using the same agent to represent you as the buyer on the A-B and the seller on B-C? Or