Often, it will also need work.So, that is causing investors to lower their standards and buy Class C & D rentals.Problem is, most investors apply Class A assumptions to these Class C/D properties - and then blame everyone else when they don't get their "expected" results.Check out copy & paste info below for more dtails:------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Regarding financials, the bottomline is the numbers should work.

The information shared is based on my experience and industry knowledge and should not be considered legal, financial, or insurance advice.

If your entity has several years of operating history and good and reliable financials, you may be able to find something. 

The financial analysis side of CRE really excites me.

You'll get lots of these, some with very enticing financial offers.

Stoked for you and your journey to financial freedom.

@Jordyn Ohs Suggest you run a financial model and assume 100% vacancy.

(Auctions and foreclosures can also provide great leads.)With $20K, hard money loans are a practical option, as they emphasize a property’s ARV over your financial history.

Whether it’s an offer to purchase a property, to provide equity capital, or to provide financing, I merely state the price/terms I’m willing to pay.