Classifications for property area types

[Anna Shaver]

I am trying to understand the A B C D classifications.  I have some properties and have personal criteria for choosing areas but because I have always bought local in good areas I am not sure how people break this down.  If someone could point me to a post or sticky that would be appreciated.

I have also noticed that in some areas with lower priced rental properties they don't include appliances in the kitchen.  In our area they are included.  Is this because the tenants will steal them when they move out or the rent is too low to include them?

The deposits were also lower.  Is the deposit lower when the appliances are not included?

Is this typical in most lower cost markets?

There were some properties that the deposits were in line with what I am used to which is about same deposit as rent but these were more expensive and didn't look like they were in the same types of neighborhoods.  They also included the appliances.

[Jay Hinrichs]

@Anna Shaver  HI Anna great Giants game NO.. I am in the Berkeley this weekend... what you need to realize is that NOTHING that you would think is standard in Livermore ( IE SF BAY AREA) will be standard out in the mid west.. at least as it relates to 90% of what these folks talk about in the way of cash flow rentals.. its apples and oranges.. your in a triple A market not even A.. and when you read on BP about no appliances etc. those are C D some think B  but its not a California B most of the homes and the RENTERS would  be a CA F plane and simple.. no way for you to rationalize what you would have in Livermore and what is standard in the mid west... Only way would be to be buying homes in the mid west that were 125 to 200k each then you will get the same demographic and quality of renter in Livermore for your 400 to 700k rental homes.

PS  I grew up in Cupertino before 680 was built we took Niles canyon to reach Livermore and the 2 lane road went all the way to walnut creek LOL