Especially with so much of the Class C product being repositioned/renovated to a solid B or B+ class property.About 5 years ago we started to see more and more people use apps like Zillow, Hotpads, Tulia, etc.

Originally posted by @David C.

Shvonne C. 

Hello all,New to this forum so please tell me if my formatting is off.I found a deal that I am currently under contract with for $150,000. 4 Bedroom, 2 ba SFH in a C- part of Philadelphia.

Thanks,No problem Nathan,The lower end classed like C and D are much worse than in any other major city IMO.

I am not taking into account renting the garage bays because I know nothing about renting storage units and not sure if I could get the extra $25-$35/month for each bay.Purchase: $70k*Rehab: $100kGross Monthly Rent: $2075Vacancy: 8.33%CapEx: 5%Maintenance 5%Insurance: $100Taxes: $125Lawncare: $210 (big yard)P&I: $649.28Monthly Cash Flow of $610CoC 21.54%The numbers are alright but my issue is the property is located in a C area, not a bad or dangerous area, I own another property less than a mile away, it's just blue collar and there will not be much appreciation.

C class 60-80In Norman prices are driven up by parents buying for their kids to live in while they're in school.

Let them out but hold them responsible for the (prorated) rent during the vacancy C.  

@Richard C. 

@Richard C.