The bank is just one player.  

I hate to have it sitting in a CD earning barely any interest.

I consider Dolton to be a C/ D area.

I am on Martel's email dist list, though I have never bought a property from them (buying TK isn't my investment model, but I do like to keep tabs on all the players in the Cleveland market).

As key industry players, builders will often know and inform you of properties where an owner or another investor had to drop a renovation or fresh-construction project due to financial constraints. 8.

Yes, there are some investors that have made their C-/D properties profitable investments; however, it takes a specialized investor, along with a management company (usually their own) that understands how to deal with these properties and the tenants that live there.

Big projects from multiple big players are on hold now back-to-back instantly in the month of May/June.

There is more management and repairs on older homes in C/D neighborhoods,  but I have been involved in multi million dollar commercial turn around projects and the tenants that should be completely hands off and just pay like clockwork were as much work as my ghetto stuff. 

I would consider Dolton C/-D+ area. 

Unpopular opinion, but about 25% of my tenants in C/D actually pay early. 50% pay within the grace period and 25% pay by mid-month.