The only thing I would add to it is that when you do go to your local REIA meeting, network to find a fellow investor doing the kind of investing your want to focus on.Offer to assist them with anything they may need (finding deals, painting their flips, organization, letter campaign's, etc) in exchange for their mentorship.

Just make sure zoning allows for it.

Are there exceptions where a family member would be allowed to buy it?

Not sure what line of work you're in, or what level you're at, but it is pretty common these days for companies to be paying for relocation and/or a short-term housing allowance for new employees who have to move.

Need to check local zoning codes to see what they will allow to be built?

The two risk factors I see in this scenario are: The Class A- property allows me to leverage my cash into a better property in a better neighborhood minimizing the risk of higher vacancy rate, the need to rely on subsidized rents, and getting a better qualified tenant mix for the long term, minimizing the possibility of fewer headaches.The Class C/C- property comes with a lot more cash flow due to there being no debt on the property, however it also comes with a lot more risk in the form of all the issues that come with renting a C/C- property and there seems to be a lot of them.

Sales typically allows this.

Still work my regular job and hungry for that deal that will break the barrier and allow me to do this full time. thanks for reading a liitle about me  and to bigger pockets for providing this wonderful platform.Josh Sharon

Finally, what is the ease of collection for that neighborhood and will your tenant applicant pool have bank accounts that allow you to do online rent collection vs in person or mail-in checks?

Did your financial analysis allow for this situation?