And keep looking properties for in Class B or C area for investment.

Based on my understanding, because you have an investor that only provides capital, you have created a security and should therefore be filing under Reg D 506 (b) or (c).

C) pay them off sooner by paying of my debts, using the remainder to pay down the principle, while also contributing what would have gone towards monthly debt payments?

So he approached me about picking up some of our C-class rentals.

If your familiar with these cities, I understand that some folks would give these areas a C to B- class rating but I'm willing to take that risk based on being able to find cheaper properties in those areas.

I live in Northern Virginia and I can’t find many cash flowing deals in my area. However I was able to find a 2 bedroom 1.5 bath in what many would consider the “Ghetto” it is under 86k and rents for around 1.1k. It i...

For those 4 years though there’s no time to manage C class houses or property managers.

sounds crazy but here are my numbersSay you find a single family for 200k in a c class neighborhood with a 9 cap rate purchase price- 200kcap rate- 980/20 financing, 40k downstreams of returnappreciation (3%)- 6krental income - 9k (18k-9k loan payments)loan paydown- 3ktotal return- 18kroi- 45%Why wouldnt everyone be all over this?

Originally posted by @Travis C.

I have visited Vegas many times, is it fair to say near Summerlin is 'B' neighborhood and southeast Spring Valley is 'B/C' ?