This is a general guideline but it will differ a little by area.A - new construction with amenities in best area of town, often where professionals and wealthy people liveB - good neighborhoods where middle income live, generally house will be older but well maintained and few subsidized properties C - lower income, mostly rentals, a lot of subsidized like section 8, etcD - dangerous, graffiti, drugs, boarded up propertiesYou won’t find all classes in all areas.

But like many successful investors will tell you, you get wealthy not from your winners, but my minimizing your losses. 

I met so many brilliant people at college and I promise you some of them will become very wealthy.  

Hey fellow BPers...I've been dabbling in real estate for a few years now, but have recently decided to use it as a tool to build long term wealth. I

Hey fellow BPers...I've been dabbling in real estate for a few years now, but have recently decided to use it as a tool to build long term wealth. I

IRR is the focus of the wealthy IMO. 

I am entirely new to the real estate industry as a means of wealth. I

In a lot of Europe, however, buying property that you don't live in is really just a place for very wealthy people to park money because you don't make the kind of returns that you can make in the US.

Okay so there is this guy, he wasn’t very wealthy at all.

It does seem as though those lower on the socioeconomic scale might have more resentment toward a landlord than more wealthy tenants.