Decent tenants would rather struggle in a B area than have extra in a C area.

The complex had good bones but was a C property (in terms of condition and tenants) in a B neighborhood.

This approach would allow for us to save up for the next house while hopefully also building some equity.I would be holding onto this property long-term and buying in a B neighborhood.

This may help or not but figured I'd share as I just closed on a duplex in a B- neighborhood in Kansas City with a VA loan.- Purchase price - $156,000- Various funding fees - ~$8,000- Interest - 4.25%- Monthly payment ($0 down) - $1039.01- Cash to close (including prorated May rent due from tenant on other side) - $2,125- Rent from tenant on other side - $900/month (they've been good tenants for 3 years so I'm not raising rent.

1.Run some a/b testing on FB maybe ?

Do you want A, B, C, or D area? 

I'd say this is a B neighborhood.

The process is A-B and B-C.

Be very careful to weigh all the risks you can possibly think of, including about plan D, if A, B, and C should fail.

SO, if you are 20 and can find some program that will double your net worth each year for 40 years, at the age of 60 you'll be worth a B.