Not sure if these two are B or C, but they are next door to each other....Both, by the way, overstate the pro forma rent by 20%http://www.loopnet.com/Listing/20019249/1102-E-Mar...http://www.loopnet.com/Listing/20145014/1010-E-Maryland-Ave-Phoenix-AZ/

http://morrisrussell.com/meet-our-team/james-c-mccaskill.html

So this neighborhood I would say is a C/C+.

Looking at a property,Listing says 2 family, C of O from the '20s says 1 family duplex.Owner seems to "not know"How can I use this to my advantage / how can I protect myself in situations like these?

Especially for C class properties.

C.

You would need to be rural and finding tenants to live in them will be very difficult for obvious reasons.Maybe in a place like CA where weird is the norm but that would be about it.Or maybe a C/D class community but again building codes will likely be a barrier.

It is my opinion that since Schedule C self-employeds are often known under-reporters, finding additional unreported income earllier will help identify and limit EIC fraudsters  faster. 

C neighborhood but in our small town that's relative.

c) Is it possible to get a HELOC before the seasoning period is over, on the market valued) After the seasoning period, is getting financed at the ARV, or market value, a sure thing?