Just remember, no matter what business you go into, find out what KPIs you have to follow and NEVER let them out of your sight :)Also, knowing what to expect from each wholesale campaign will allow you to create projections for profits and let you know what to invest in order to get the desired returns.  

In the end, we had three parties in the same weekend that were interested so we actually got to choose the tenant with the most desirable tenant credentials.

I am realistic about prices in these neighborhoods, but still desire a minimum of $100 in cash flow per unit when I eventually move out.  

It left a lot to be desired.  

Most of the small MFH (2-4 units) I've come across in SA has been in less-than-desirable areas. 

I'm analyzing a foreclosure SFR in highly desired neighborhood that has a garage conversion (why oh why do people do that!?).

Sometimes leaving fixtures is way less desirable.

Frequently we can horse shoe an action we desire but later run into a consequence for which there is no escape.

There are no rules as to what level A property will price out and it's all going to be reliant on the motivations and desires of the seller.

You CAN have the best of both worlds- a tenant that helps cover the mortgage and a desirable neighborhood.