Is this a C-  or D+ property 

If the numbers don't work I wouldn't bet on it to appreciate, it's just an added bonus if it does.  

Any help is greatly appreciated.My primary interest is in multifamily however with the competition for multi being high and the pickings slim, I am also very interested in single-family homes in C+ or better neighborhoods that cash flow well.Dave

I have enough cash available to do up to about 5 BRRRR B-class deals at a time, based on the terms I've found with a local HML.My question is this: If I can own a C-class home with no equity invested, and I'll have reserves for the portfolio, do I really care about the property class being C or C- instead of a B+? 

To help paint the picture in my market you can buy 3-1 sfh in class c to c- neighborhoods for 20k-40k or 50k-80k in c+ or b- neighborhoods.

First, Chicago is extremely tenant friendly, so if you are investing in C or D areas which can only attract poorer credit, lower income or subsidized tenants, you WILL (I promise) have problems with getting all your money, property maintenance, and lost rents.

If I was buying C or D class in central Sioux Falls, I would need to be over the 1% rule.

Just dont think a D grade property will behave like a C+ or better. 

Most bet on future appreciation. 

@Huimin Zhang I agree with other posters, you are making a big bet on price appreciation in Mountain View.