The neighborhood seems like a C/C- area to me. 

Seems like a basic right to have privacy, especially in a C neighborhood.

When I first got started, I went driving through the neighborhoods I wanted to sell in and figured out what brokerages were most dominant in those areas.  

My experience has been that it’s usually better to pay a bit more for a B neighborhood and the cash flow usually ends up being better with far less headaches.

My property manager calls me on Monday morning to let me know that one of my rentals was being condemned by neighborhood code. 

I have found a property for $295k in a nice neighborhood with an ARV of $385k the seller acquired through adverse possession.

Here's what it looks like:Purchase price = $300kRental income = 4 x 1bd/1ba @ $500 , 2 x 2bd/1ba @ $650 = $3300, seller thinks  1bd's can go up to $700 and market research supports that Taxes = $200/monthEstimated expenses = 1300/month (10% each for vacancy, CAPEX, and repairs and $200/month for insurance)NOI = $23k at lower rents, $33k at higher rentsCash flow = $500 at lower rents, $1300 at high rentsThe property is in a C neighborhood that is gentrifying.

I think that just changed recently with the new zoning because there are a lot of existing duplexes and multi families in the neighborhood.

Don't buy in the roughest neighborhood in the urban core.

anything multifamily and 10 cap is getting difficult outside of terrible neighborhoods.