[Click the image to see full size.]Real estate investing is for achieving financial independence.

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?

@Hector Lewis - The decision ultimately depends on your current cash reserves relative to your financial needs, as well as your willingness to reinvest for potential appreciation.

Our goal is to provide you with as much information and resources as possible to start investing in some of the best markets throughout the US, and learn how to scale an investment portfolio over time to achieve your financial goals.I know I covered a lot in this somewhat lengthy response, but this is about as short as I can make it to cover many of the details about how our platform works.

-Rent collection and financial management is probably not at the top of the list based on some of the challenges that we hear about, mainly because if you are lucky enough to have solid tenants and low vacancy, this is easy peasy, but if you have some challenging tenants that default on payments, or the possibility of an eviction arises, it can be worth paying a management company to help guide next steps."

How would you approach this situation to keep scaling while staying financially stable?

They didn't like it at first, but they learned the hard (financial way) to conserve heat since they were now paying for it.Have you considered switching all of the units to electric baseboards?

Improve your credit and financials so lenders are willing to take a chance on you.

Multifamily rentals are a great way to achieve financial freedom, and it sounds like you’re on the right path.My advice?

Many people choose NOT to have this, because the administrator will then vet every investment you make to ensure you do not invalidate your IRA.Invalidating your IRA means that you've done a prohibited transaction and the entire account is then deemed as distributed to you.If you don't want checkbook control, then I recommend a plan administrator such as Equity Trust - www.trustetc.comIf you are sure that you're aware of all the rules around prohibited transactions and disqualified people (who you can and can't do business with), then a plan administrator like Sense Financial would be a good place to start talking.