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

Criteria:6 months STR2 bd, 2 ba, Single Level House Furnished with yard, washer & dryer with A/C (inland not near coast)Pet Allowable 40 lb labodor 10 yrs, 40 lbs Red Heeler Mix and 6 lbs catNear VA Hospital, shops, grocery stores (at least 25 minutes commute)

This would be in class b, class c will have higher maintenance/cap ex on average. you have $0 for vacancy.

.- Located in a C- to B neighborhood—close to amenities and mostly safe but not for everyone.- Converted to a rental in 2024; initially rented for $4,750/month, but tenants moved out, and the soft Bay Area rental market has made filling it challenging.

Your recourse here is to A) talk with the bank and see if an agreement can be reached, B) refi out of the current loan into a new loan for investment property usage, or C) sue the lender and see what happens.

If it is a market rate class A, B or even C properties, I would say that it (basic maintenance) is something the tenant should handle considering that for these properties the tenants likely have additional resources to handle small maintenance issues. 

Luke - as an active investor and Realtor in mid-sized NC cities, getting 5% with today's home prices and interest rates is impressive in areas that aren't D or even C class assets/areas.

In many of the C-class neighborhoods, rental rates are exceeding the expenses for investors.As of April 2024, the median price of a home in Ohio was $238,700, which is a 4.7% increase from April 2023.

I suspect this is in a C/D area, would I be correct?

Meanwhile many of these repairs are fixed cost whether its a $100K house in the C/D neighborhood of a respective market compared to the $500K in the same market.