Originally posted by @Eric C.

that has happened to me so often i forgot how many times. our lovely C D class tenants who are judgement proof they simply dont pay the last months rent and never ask for their deposit and move out :(  

My strategy is to buy and hold SFHs in C+ class areas.

Two car garage built in back yard          c.

It also is testing the idea of chasing cashflow with C and D class properties/neighborhoods. 

If your looking for an irr of 15+ then class c neighborhoods in south central Pa are very attractive.

It's the landlord with retail centers in B- to C locations that tend to have less negotiating power. 

Assuming your numbers are well researched and not based on zillow or any other website and assuming it is a C or better neighborhood then it looks good to me. 

@Claire RosenbergIf you have to ask about 30k properties in Chicago, more than likely you aren't ready to deal with 30k property problems.  30k would be C-/D properties. 

C.