As an out of state investor, I'd probably classify them as C+ to B areas.

I'm assuming a contract is executed, but is it a classified as a lease? 

How would the unlicensed agent be classified that is brokering a home for another? 

Different states will have different laws on what classifies you as a "homeowner".

I'm just going to throw this out there... that liens created without consideration may be classified as something other than a benefit to the "borrower".

IS a huge industry as we know.. one of the bigger fulfillment companies in Utah has over 400 employees.. they do fulfillment for Tony Robbins and the flip Vegas folks and *************o  (sic)   etc etc.. 

Russel what locations would you classify to be East of the river?

@Lance AlottiI classified it as cosmetics because it is nothing structurally or operationally wrong with the unit.

Thrift stores and facebook classifieds will bring up a lot of treasures.Go to the Short-term and Vacation Rentals forum and look for Mike's Deal of the Week.

If the property purchase price is equal to or less than 4 times the average household income for that area, street neighbourhood, zip code or whatever geographic measure you use to determine your individual markets, then the property in my opinion would be classified as affordable.