Here is what happened to us on one home: We did an offer and inspection in March, then finally closed in October. 

There are no class B and C being built in the urban cores but there are some A's that will slide like @Dmitri L. pointed out.

It was this year, in March, when I closed on my first deal.

The rental demand is great in Albany- I have only had 1 unit that sat vacant for 2 months which was due to an extreme cold spell last February and March.

Since the ruling it has become less risky and a lot of investors have jumped on the band wagon now and as a result have driven priced to where the deals are not as good anymore.

As I understand it that would be where I as the investor gets the property under contract from the seller for purchase price A at X amount per month and then contracts with the tenant buyer with a lease option for purchase price B at Y amount per month and make the spread between A & B and X & Y.

You may be better off rebooting and trying again in March or April when things start warming up (and heating up in the market).

If there is any gray colored plastic pipe with crimped copper bands around the fittings, REMOVE IT!  

Hi, @David Hodge.Class B multi-units (2-4 doors) are great in Memphis if you can find them.We own and/or manage over 100 duplexes, triplexes, and quadplexes (A, B, and C's) and I'm not joking when I tell you that some of the residents in those units have lived there longer than 25 years (mostly in the B and C areas, though)!  

What price range are looking in. you should look on Air B and B for rents in San Diego.