They are first class for sure.

The one at a boat ramp near me when I lived in Hawaii always had a line of fishermen and divers filling up coolers.

Meaning, somethings have to be done in writing and delivered by first class mail etc. 

Pick a solid B-Class suburban area.

They've got some nice middle-class neighborhoods with ranch-styel '60s homes in the $400s.

Originally posted by @Scott Mac:Run down (Slum) 4 plexes go for $600,000 WOW.Do you know how many SFH's you could get in Detroit for that--Just WOW.Kelowna is lower BC mainland on Lake Okanagan also basically the warmest area of all of Canada along with a huge retirement mecca,  tons of great golf wineries  fruit orchards  Big white ski mtn 35 mtns  the lake it self is about 50 miles long and great for boating and recreation deep blue water. then the mtns are loaded with fishing lakes its really quite the place and this is big for semi Rural BC LOTS of medical..

Would be difficult for lower class housing I am sure.  

So, it's not about catering to the whimsy of folks who just want to live in world class cities, it's about keeping the critical elements of a vibrant city all getting what they need so they continue to stick around and contribute. 

Now, you are in the same boat as if you increased it all at one time with the exception that you lose money.I definitely don't believe in trying to keep tenants by keeping the rents low.

In my case, most of my close friends are what I would instead call middle-class to upper-middle class.They work well-paid jobs (mostly in the tech industry) and make very respectable salaries, but...that income is in all these people's cases frittered away on paying for the upkeep of an expensive home in an expensive neighborhood, multiple late-model cars, and bad investments (most typically actively-managed target-end-date pension funds with high expense ratios).I have three millionaire friends and family from this pool of friends, all people who made their money investing in small businesses.