Thank you in Advance,John C

Originally posted by @Zachary C.

@Prachel C.

These would go under Schedule C I think.  

What I wasn't told by the Landlord/Seller is that there are about $4300 in transfer fees in Sun City, I was not given a CCR (only later to find out it is a 55+ community) and that the A/C was going out. ;-) Because of the State's Landlord Tenant Laws, the Landlord/Seller is on-the-hook for the cost of the A/C.I could have sold two more if I had the inventory.What would you like to know?

Return on investment for some c and b areas are still reasonable but just like the rest of the country, prices are on the rise.  

For a typical rental property in an A, B, C class area?

I might accept a B+ multi family in a great location with indicators of growth at a lower rate of return, whereas I would demand more from a C class in a less healthy area.

Right now if you are looking in the Ohio area you would need to spend at least $80k for a $950 SFR in a B area.Or at least $60k in a C area with some reno work performed by you or your team.Lenders are offering 15% down loans.

My properties are in A locations but that shouldn't be used for properties in C and D locations but a calculator doesn't discern between them and is only a very basic tool.