There will be tons of facts, opinions and consult a professional/attorney comments on the forum. 

I decided to purchase a foreclosed 16 unit Multi-Family property in the same type of area which was totally out of my comfort zone, but has proved to be the best investment I ever made.Always trust in YOURSELF and BET on YOURSELF!!!

@Justin Reyes It completely comes down to your risk tolerance and are you going to bet on yourself versus a 401k administrator.

For example folks who are living in A class properties (who may or may not be struggling to pay their rents now), may decide in the future that living in a C or B class property and having some extra cash in their pocket to save in case of another pandemic (or something that hits out of the blue), is a better, more secure strategy. 

Ken - I haven't hired those guys but I'd argue a couple things: 1) Too many attorneys in the REI space $ell fear that you need this or that structure in order to protect your assets.2) Too many investors get scared off by what appears to be something complex -- forming a holding company (whether LLC, LLP, C or S-corp).

It also doesn't take into account the distribution of class within a city (A, B, C) or unit type (SFR, MF, Condo). 

Speaking of Spanish-speaking tenants, in CA, one of the problems with renting to C or D class tenants in Spanish-speaking neighborhoods, is that it's really common that they will make major physical alterations to the property. 

Also, you don't want to mess around with class C or worse stuff out of state, even if you can self manage it local.

C or even B neighborhoods may have better potential for appreciation over the long haul.

Collections and DelinquencySec 34.21 (e)(e) The owner of real property sold at a tax sale other than property that was used as the residence homestead of the owner or that was land designated for agricultural use when the suit or the application for the warrant was filed, or that is a mineral interest, may redeem the property in the same manner and by paying the same amounts as prescribed by Subsection (a), (b), (c), or (d), as applicable, except that:(1) the owner's right of redemption may be exercised not later than the 180th day following the date on which the purchaser's or taxing unit's deed is filed for record