Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

However, some investors are fine with this strategy if they prefer to minimize their upfront investment and plan to refinance in a few years, especially with potential interest rate cuts from the Fed this year.At the end of the day, it’s all about investing in a growing market, selecting a solid neighborhood, and building a strong team to support you.

You won't find a deal where you live for free, but if you can live in a great neighborhood at a reduced cost of living that is a nearly risk free way to get started in real estate. 

•Check historical flood maps to see if flooding has been a recurring issue in the neighborhood.3.

Jaycee Greene,B neighborhood, rents are $4265.

In general higher cost neighborhoods are safer than lower cost neighborhoods.

You have to get someone who is familiar with them and would want one.Here is a pic of this style of construction.

My piece of advice would be to research emerging neighborhoods and focus on areas with strong job growth and infrastructure development. 

@Jaycee Greene Yeah it is easy for one to get discouraged when buying this type of project but I must say they are decent when trying to start low and build capital, that way you dont have to deal with **** properties or mediocre neighborhoods again. 

You're better off focusing on specific markets, specific neighborhoods, analyzing numbers, and building an ideal buy [box].