That means that all neighborhoods have some element of "D class", so even if you make your property "A class", it will be held back in appreciation.

Focusing on B and C-class properties is a smart approach for multifamily investments, especially in a vibrant area like Austin.

The majority of the respective markets listed above are A-class.

Many lenders don't like to mix two different asset classes in a blanket loan. 

I'm starting to notice that more investors (specifically Class C areas where one of my Indianapolis rentals is located) will advertise that "appliances and AC unit to be installed upon move in" for their rental or flip for the tenant or buyer.

Most aren't in class, studying, etc then.

In my opinion taking a basic self-defense course and maintaining a solid level of physical fitness would benefit a majority of people a lot more than taking a CCW class and carrying a gun.

Most of the distressed wholesaler stuff is the bottom of the barrel, C class, or worse.

Are they interested or concerned about neighborhood crime, supporting data for surrounding rental rates that might affect your future cash flow, pictures or video of the property showing the class of the neighborhood and the property itself, ... ?

So the cheap homes in lower class areas that get the 2% rule will have the same cap ex issues and costs as the homes in higher appreciation areas that will need the same cap ex.