I have investors that will buy any property in a A, B, or C class area where the rent is at least 1.5% of the all in cost.

I understand that strategy, but we're still identifying our A, B and C areas in Bakersfield, so until we do that and see a good deal, we're on the sidelines for now. 

A, B, C, or lower? 

Our military tenants prefer A/B class homes.  

Hello BP community,I’m looking to purchance my first side by side duplex, the property is a bank owned forclosure in a B+ neighborhood, surround by a few duplexes mostly single families, it’s been on the market 2 day and has 5+ offers, it will need a projected $20,000 in work to be in prestige condition, low taxes in this town great rental potential. $134,900 is the listing price, my offer ways listing price with $8,000 to cover closing cost, I’m wondering if I should go higher or stay where I am.

I frankly don't know if it would constitute a B or C class, but certainly isn't an A.  

Who do they reach out to with Class A, B & C properties?

Hello,What are some of the best ways to get deals on 150+ Unit Garden Style Apartments in the Southeast or Texas, Class A or B+? Can BiggerPockets help?Thanks,GC

What is typical in this type of negotiation regarding the disclosure of address, proof of funds, who draws up the JV agreement and purchase agreement (for the final end buyer purchase from which i would be selling the property after I closed on the A-B transaction) .

Also (again, in general) these properties are more likely to be in a B or A class area which gives you a little appreciation potential and possibility to sell to a homeowner down the road for a nice profit.