@Ahmed Saad it just needs a cosmetic upgrade. $100k or less on renovations. 3-Fam... 3bed rooms.

I like to buy Class B properties, as they’re the ones that we can renovate and upgrade in order to increase rents.Class C properties are much older, usually built in the ‘60’s, 70’s and 80’s, and are located in areas that are not ideal.

I like to buy Class B properties, as they’re the ones that we can renovate and upgrade in order to increase rents.Class C properties are much older, usually built in the ‘60’s, 70’s and 80’s, and are located in areas that are not ideal.

The ideal duplex for me is a single story, 2 bedroom 2 bath, 1 car garage, separate porch entrances (preferable on opposite sides of the property) and a small fenced yard.I find the money makers are upgraded kitchen and bathrooms!  

Since then, I have upgraded my own house.Learned to do cosmetic changes myself so i can be ready for my next flip.

Figure your ARV, minus your estimated total repair and upgrade costs, holding costs, etc. 

In 5-15 years if/when the area really improves you could upgrade one of them, refinance and use the cash to upgrade another.

I would also be aware that electric service may well need to be upgraded to meet modern demands.You should also be aware the ARC cut a lot of corners whenever they could get away with it.

Therefore, if you decide to budget for wiring upgrades, you may want to budget a healthy amount for new plumbing as well.Do you have any info on the foundation? 

On older houses, most have been upgraded and remodeled in the past.