You can be successful in both, but to do so, you need to know how they differ. 

I heard people are going after the old listing on the MLS and directly negotiating with buyers (not sure how it's done).

Hi, I'm a new investor with 2 rental properties (Paid Cash, Full Renovations needed on both so that's where my experience comes from, now their successful rentals) & a fairly successful small multi-family flip out of state.

And so far have been able to keep it booked back-to-back (sometimes even negotiating with guests to accommodate early move in-move out).

I do not want my rent to be at the bottom of their priority list.Over years of dealing with tenants and practicing human relationship and communication/negotiation skills, I've learned that there are many ways to be fair without being disrespectful, to be respectful but firm, and to make tenants feel the pressure.

Vacancy and maintenance factors should be higher than for Class A as homes will be older, have more deferred maintenance and tenants will be harder on them.Class C can be relatively successful with a great PMC (do NOT hire the cheapest!)

Heck, I could almost buy that house for cash at this point, which blows my mind because it's not like I'm even making crazy money at my day job.Now compare that with this property in my city: https://www.zolo.ca/peterborough-real-estate/154-h...Now, I ran the analysis and if I could negotiate the price down by about 15%, the numbers seem like they would work out pretty well.

I own a single-family home that I inherited in 2020 and have been successfully managing on my own and I rent a room in my home on AirB&B.

Have you had success with social media marketing, email campaigns, direct mail, or any other methods?

@Jeff Ebert That I'm not sure about, but I know a lot of people here on BP have had good success with the site!