I understand that you could have good cash flow in a class C or D but there is no growth and vacancy rate might be high and less cash flow or break even in class A or B area but there is growth.

You can also recapture loss's in it compared to a C or S corp. so it does have tax planning benefits.  

Especially C or D class.. you look at the local landlords that post on this site.. and with the exception of a few they are very candid of what it takes to run these successfully.   

I can’t lie, I felt a little jittery stepping in, kind of like I was about to bet on a horse race without knowing which jockey had the best track record.

It seems like investors strongly bet on appreciation here which I dislike.

You can bet on that.3.

In general, this is C or C- area.

- I would select a market that allows you to purchase a cheap (under $150,000) single-family in a C+ or better market.

When you get to C or D grade that isn't the case anymore. 

My bet on the next twist is the death turning out not to be natural causes.