You can invest in class D areas that on paper will show a high IRR of 20% but I would not touch it with a ten foot pole, but in same breath I would consider a 10% IRR where there is no leverage and low investment to value.If the class(a,b,c,) of an apartment building is based on the year it was built than what specifically determines the class of the area?

@Dale Linenot in a million years.the whole point of investing in RE is to build equity over time.  

For myself slowly building an REI portfolio has worked best. 

@Imdhadur Rahman to get that kind of leverage on rent ready properties you'll need to find secondary financing.   

Free attorneys from tenant-support groups are very effective in finding ways to block and delay.PS: for anyone interested in supporting our landlord legislative efforts please join the Rental Property Association of Wisconsin RPAWI.org which is a Milwaukee-based non-profit.Cashflow in Milwaukee is still possible at current interest rates, but you have to be careful to not "buy cashflow" with a huge capex liability that comes with old buildings! 

Many investors are building as they can do that more cost effectively than buying under the current market conditions. 

If anyone plans on doing short term rentals to some degree or building additional living space, then this is imperative. 

The property needs 4 to 6 weeks from start to market ready.

I would focus on growing relationships and building your core 4.

Finally our home is ready to give on rent .