Hello, We have a triplex in a lower-income neighborhood in the Tampa Bay area.

This book introduced me to financial concepts and made me look at money and investing in a completely different way.

Those should not need attention (in a perfect world) for some time. 

They tend to go after rookie investors and have seen to many in my network that have purchased "bad deals" and are in a bind with NW deals.

My property is in 5th ward but in a more gentrified area with several new builds on the street that are occupied and 4 more being built on the street that are all for sale.

This could also lock in a long-term fixed rate if you’re concerned about market fluctuations.3.

Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

I would tend to agree with the other CPAs typically.The 500-hour test is one of seven material participation tests used by the IRS to determine if a taxpayer is actively involved in a trade, business, or rental activity. 

I think buying in a smaller market may have been better

That’s one of the cons because that money might not be deployed in a deal and it may just be sitting there.