@JC Wu “why not buy ten 100K properties across different locations instead of buying one 1M Bay Area property?”

Located in Los Angeles County (Los Feliz, 90027 zip).

Now we're seeing investors pouring money into buying Class C rentals - but, many are getting burned.In our experience & opinion, the main determinant of property Class is not location or even property condition, those are #2 and #3.

@Sundone Boutvyseth-the lowest Down for a SFR  rental  property is  15% ...if you are able to  locate an  option with 10%  down - this is likely  going to be pricey  but if you need to minize the down - it  might be  worth  using 

You'll find much greater difference in $$$$$ by refining your location/rehab/vacancy strategies instead of worrying about "how much it costs to borrow money" in this environment.Nearly all of my clients are more concerned with a simple and headache-free funding process, than the "lowest rate."

@Theresa Harris is located in rockford il , i'm getting to know the market but i dodnt know if is slow because of the winter and i didn't know i can change of management, can i still do that even he is managing my another of my property?

I encourage you to interview property managers to determine what their approach looks like when managing properties for an investor who does not reside in the market where the property is located. 

It's not as big as New Britain, Hartford, and New Haven, but it does have a great little main st with restaurants, and the walkability that young people like, while being centrally located for people who want to get around the state for work or fun.

Proactively managing tenants greatly reduces evictions and other problems.Finding a Good Property ManagerGood property managers are rare, so finding one requires a structured process:Define Your NeedsList required services based on property type and location.

When they have to cover there own bills, like magic your selling more, because they can't afford to undercut you anymore.