This can work when you have partners that you trust and a rock solid Operating Agreement. 

See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy + tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.

Starting with B and C grade areas lets you get hands-on experience, build cash flow, and gain confidence before exploring syndications or larger passive deals.

I am also going to move the fireplace to the center of the living room (under the bear skin), and it will be a river rock surround.  

Also depends if they will let you do Conexes and also if they will let you do rock roads or has to be concrete. 

I have had mixed results appealing appraisals from having my appeal 100% rejected (on real flimsy grounds) to getting an $80k upper on the valuation (which was still an under value).The post that your basis is between $210k and $220k for an appraised value of $282k means you have done an outstanding job and have sweat equity of at least $62k. you rocked this!  

BTW how high is that rock you are jumping off in your profile pic?  

Quote from @Mark Rock: Quote from @Nadeem Alamgir: @Kyle PatelMost people start the same way.

Thanks again & BTW your humorous zingers on the forum rock!

@Matheus SouzaCleveland and Columbus are strong starter markets because prices are reasonable, rents stay consistent, and you can find cash-flowing duplexes in solid B and C class areas with steady tenant demand.