It's also worth noting that assuming proper tenant screening measures are taken it's going to be the asset type and class that truly determines your tenant base, not your property manager.

Learning how to make your money make more money is a real skill, and not an easy one to master as it requires constantly assessing your environment, making decisions, pivoting, etc, whereas just saving up money only requires you spend less than you make. 

I’m also currently taking the 63 hour online class to obtain a RE license.

I’m also currently taking the 63 hour online class to obtain a RE license.

We have an opportunity to buy a small office building in an upper class town and neighborhood in Connecticut. 

I've heard a few of the older guys who manage in more C class areas do that.

My friends were paying $900 for a room in a B- class apartment a mile from campus.

I have prior experience working for a real estate title company in South Florida, a degree in legal studies and had advice from my professor during a real estate law class when I bought my first auction through Broward county (realforeclose). 

And the market will force them to do just that (remember, places WANTED to cut their profit margin in 2020 to court more business, but they COULDN'T, now they can), in fact it's already started, hence that class action law suit against Rocket Mortgage... when they went public in August 2020, they told their investors that the 2020 profit margin was normal and projected to continue.

Not surprisingly, this led me to class C properties. -- For this buy, I wanted 90%+ occupancy rates.