@Daria B.

In my $1200+month B+ rentals, I'm still in the 50% rule range most years. 

@Karl B.

if you try to bring in a B Class property manager who is used to deal with white-collar accountant tenants and want them to manage a D class, they are going to struggle to collect rent and maintain order.

Getting something under contract now doesn't indicate a) final purchase price and b) construction and debt cost.

It's a B class area with mostly older homes so most competition have hardwoods).3) Lay LVP through the whole unit and cover existing hardwoods (may be more expensive but definitely more durable over the long-run).Either way, the hideous parquet has to go! 

I am under contract on a home that is not very expensive and in a B neighborhood in Indianapolis. 

As has been mentioned though, this is the case for owning A and B properties versus C and D. 

I want them to make good loans so they'll stay in business so I can get more loans in the future.We're in escrow to sell the REO attached to that loan and the hang up has been B of A, the buyer's lender, go figure.We plan to get more loans from Groundfloor in the future.

@Gary B.