Adam I bet dollars to donuts this is not CA property sounds like D class rust belt or mid west.Chicago etc.

Louis in general so just wondering if people have had success in this area and what class would they give it?

I think it depends on the market.. they approached me on a furnished rental I had in Vegas (Summerlin gated community A class)  We got basically double or a little more of the normal rent..

Josh Stanton is teaching a class next weekend. 

You should only have to worry about ongoing maintenance.5) What Class of tenant can't keep a job?

Read books like Set for Life by @Scott Trench and Start with Strategy by @Dave Meyer to get the mindset of starting on the table before going too deep into an asset class or something like flipping.

@Jared Khan are you looking to buy Class B, C or D in Cleveland for under $150k?

When buy in some cheap Ohio area for example theres lots of risk with tenant issues but if you buy in a class A area for example north side chicago the deals run effortlessly.

It’s to take advantage of the 2024 bonus depreciation rules which include 60% bonus in year 1 for any life classes less than 20 years.

Then an ongoing annual management fee would be 4%ish, and  more if you get a class C apartment with lots of work needed.