We don't have the option of going off the gold standard again. 

Or try the reverse - rehab a property in a Class D Neighborhood to Class A standards and see what Class of tenant you'll get.

@Augusta Owens here's some copy & paste info you won't find in a book:)-----------------------------------------------------------------------------------------------------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?

If you can't perform to the new standard were setting, I strongly suggest stepping back and hiring one of us who are setting this new standard. 

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Rehab to the standard of the neighborhood.

,We discovered over the course of this discussion that more smaller extra payments produces less benefit than fewer, larger "chunks". 

Expectations for a higher standard of decor and theming has infiltrated this industry and those are the ones that do well.

In a tenant friendly state you have to.BTW, when you list, there's a fair housing law. you cannot deny a sec 8 if they qualify. your standards need to be the same for everyone

Above that, though, I would focus on standardizing your renovation, i.e., same tile, paint, flooring, etc.