Property ClassProperties are categorized by class, impacting their quality, condition, and investment profile:Class A: High-end, newly built, prime locations, attractive to institutional investors.Class B: Good quality, older than Class A, with minor deferred maintenance.Class C: Older properties with dated amenities, but value-add opportunities exist.Class D: Distressed properties in less desirable locations with high risks but potential for significant improvement.4.

If you want to start a fix & flip business that allows for bigger returns but bigger risk, that's another. 

You’ll learn the ropes on how to be a landlord with a lower risk/higher quality tenant-base. 

In the Bigger Pockets free book, "Real Estate Rewind", as one of the 11 co-authors I wrote about one such Tax Sale purchase and made money but not enough money to warrant the risk involved.

With more risk comes more reward.

There are regulationsI could go on, but if you learn this much, and apply it appropriately, you will cut down your sorrows and risk, considerably.And yes, there is much more.

With 20 years of experience managing 30+ long-term rentals, a few STRs, and running a property management company in Central Florida, I’ve learned both have their place in a portfolio if you diversify based on your risk tolerance and the timing for your goals.

What is the loan to value - this is for risk and secure the real estate to make sure its not unsecured.2.

It all really depends on your appetite for risk.

For an absentee landlord, it would seem that a condo could have less maintenance headaches than a SFH and lower risk in general.