Doing your first brrrr remote is not something I would recommend.  

Well, if you buy & renovate a property in Class D area to Class A standards, what Tenant Class will actually rent it?

The #1 determinant is the Tenant Pool.If you don't believe us, try putting several Class D tenants in Class A apartment buildings and watch what happens.

Or try the reverse - rehab a property in a Class D area to Class A standards and try to get a Class A or B tenant to rent it.Unfortunately, many newbie real estate investors are jumping into buying affordable Class C rentals - expecting Class A results.

Also, many of these tenants do not work, so they sit home all day, causing more wear & tear - and WORSE.We manage many Class C properties, but try to avoid Class D.Good luck!

Quote from @Tyler Ligan: Hello all, Soon to be first time investor here touring properties and looking to get into a rental soon.

My first purchase would probably be 250-400k before repairs.

I am also planing on joining the flip secrets now, just wondering about the OPM they are talking about

My first question to you is whether you're just looking for strong returns on your capital, or are you looking to build an active business as a real estate investor? 

Median is the middle class and the middle class is shrinking fast - they go either up or down.