Anyway, my experience has been overwhelmingly positive.....And treating tenants decently is just how I do business.... that said I have B class new builds so my tenants can afford higher rent....but I do try to treat my tenants as paying customers, i respect them and i dont rip them off or trick them.

@Sylvia B.

See this Home Depot link for comparable prices: https://www.homedepot.com/b/Doors-Windows-Windows/Vinyl/Double-Hung/N-5yc1vZaq1wZ1z0rrk7Z1z189sc/Ntk-EnrichedProductInfo/Ntt-window%2Bdouble%2Bhung?

Pick a solid B-Class suburban area.

Rates are actually up a little bit today, relative to yesterday.Everyone is pulling back on pricing to slow down volume, just b/c the fed dropped the overnight interbank rate does not mean banks magically spawned an additional 500 underwriters each. 

@Mike B. 

Primary and secondary markets, class A and B assets will probably only see a very slight drop in valuation.That's my opinions.

@Karl B.

There's tons of discussions about great rental markets for 80k houses that rent for 800/mo (cleveland, memphis, KC, Indy, OKC are perennial big hitters).What about the markets that have fairly easily rentable 2k houses in B class that still cashflow, albeit not as well as the ones mentioned above? 

As for whether or not it makes sense for your rental, I would argue that if you are in anything higher than a B- neighborhood, you should be able to get your money out of it between added value in a refi, decreased vacancy, and higher rent.