My fiancee and I have been "driving for dollars" and have been sending out mailers to properties that look neglected and/or just kind of look like crap compared to the neighborhoods they are in.

c/d Neighborhoods

I don't know Stockton well but in looking at those zip codes on a map, the look pretty geographically broad and I suspect the neighborhoods will vary a lot within the zip codes.

Found 5 vacant houses in C/B class neighborhoods and left them a letter.

It isn't a terrible neighborhood but they are very small houses (mostly 2/1's).

I think you can still find fairly decent SFH in solid middle class neighborhoods in Indy for close to $140k, but not much lower.

What about the neighborhood? 

My wife and I are looking for properties we can buy in Tulsa: for cashat 75% ARV (e.g. buy at $50k, rehab $25k, appraise at $100k)in B class neighborhoods (e.g.

I think it have been flap since last year.SF properties seem to high to make a good buy and hold deal, I think.Multy family are a little high as well unless you move into the not so good neighborhoods.

On the other hand, investors often are the only ones putting money into renovating these properties which gradually improves neighborhoods over time.