I'd only do this in nicer A/B class areas.

Rent in the area low end 1100 higher end 1200-1600It’s a D property on a B-C location.

I've heard upstate New York, Pennsylvania and parts of Connecticut - I'm not sure how far cities in these areas are from NYC and have no clue what's Class A, B, C or D. 

Pick up a $4-$5M with 30-50 Units in a C area at the border of a B area, or in an expanding area.

The property is in GA, A-/B+ class with premium rents for this area. 

If you've been investing in Worcester area, what is in your opinion are considered to be class A, B, C and D areas.

There have been many different materials used most notably ABS (black), PVC (white), CPVC (Tannish/Yellow), and Pex (clear,red,blue).

It is in a B area of an AMAZING area.

Purchase price: $210,000 Cash invested: $53,0003 bdr 1 bath sfh in a B+/A- area in Rochester.What made you interested in investing in this type of deal?

This is for the purpose of having a strong foundation that will minimize risk from any “Black Swan” event and will also increase your long term cashflow.When investing in real estate or business in general, one should always look to protecting the downside first before looking at the upside.Just my opinion 🤷‍♂️Regarding your $50,000 budget for turnkey.It will mostly be C or D class which I would advise against.High crime, lot of volatility, unemployed tenants and property management collects rents with a bullet proof vest and shot gun.On paper things look great, in real life they are much different.On the other hand, if you DIY in a markets like Ohio, Michigan and Indiana.You can definitely be into a B class asset for $50,000 purchase and rehab.Wishing you much success