Hi - please help us with some advice.We are purchasing our first income property and it is a duplex in a D neighborhood - low income neighborhood but the duplexes all rent well.It's less than 2,000 sqft total and has 3bd, 1bth.

Based on my research Frogtown would traditionally be classified as a C- or D+ property, in the last 2-3 years some community and religious groups have been fighting to improve the area.

But maybe unlike other places, Snellville was surrounded by Lithonia and Stone Mnt/Clarkston which is an area dominated by class C and D homes.

D 

Originally posted by @Millie D.

Hey @Mindy Jensen,Here are some criteria which comes from a landlord's perspective (who has a Land banking mentality):1) Area with tenants where you feel confident to manage them (can different from person to person, some are good with dealing with A-class tenants, some are better at dealing with C-D class)2) All things equal, the closer to where you live, the better.3) With sustainable cashflow (ie. land banking requires waiting, so if you can sustain the houses (at least break even plus some buffer), then you can at least keep the house forever).  

Is it an A, B, C or D property?

I've always been interested in houses, architecture, seeing a transformation, and the potential for massive success Real Estate can offer.

Joshua D.

Mehul, from your post, I assume a couple things:a.) you have not done a deal with this particular wholesaler yet.b.) you are unfamiliar with the market in which you are considering investing.c.) you do not 100% trust the wholesaler otherwise you wouldn't be asking for details on how to vet this deald.) you are unfamiliar with how the USA real estate is recorded and where records can be verified on a particular property (taxes, insurance, utilities, neighborhood logistics (a,b,c,d class).