But it's in your best interest if they know up front so that they can a) send you the right stuff and not waste your time, or b) not waste their own time.Good luck!

Originally posted by @Yanic B.

The houses on my street are smaller 2-3 bedroom B-/C class. 

But just wanted to add that I am not saying to discount the local economy completely... it can matter if you think your area will descend to a point where the cash flow property you've invested in a decent B- neighborhood will be a D neighborhood in 5 or 10 years.

Thanks @Andrew B. for your advise! 

By focusing on class B/C properties we expect to see an increase in demand and in rental rates during any downturn Lock in long term financing – lack of available credit was the downfall of many homeowners and investors during the last recession.

Trying to look for properties in that price range (per unit), that are in B or C quality neighborhoods. 

http://www.biggerpockets.com/b...Not sure if this lender is private money, hard money or a commercial lender/bank. 

I think this would be either 1099-DIV for dividend or 1099-B for sale.

Scott Pearson, Karl B., Andrew Schrader, Calvin Ozanick, Thanks to all of you for your responses, some very good insight and suggestions.