They look rough on the exterior and most of them are located in the class C neighborhood.

I've noticed a lot of these properties are class C and bit older. 

Eventually, Class A property values increased to the point that even increasing rents didn't allow them to cashflow upon purchase.So, the flood of new investors switched to buying Class B properties.

What’s nice is you can still pick up properties in the $120–180K range that hit the 1% rule and cash flow from day one, and with your 450K you could easily diversify into three or four cash-flowing deals here instead of putting all your eggs in one basket.

If there are many similar or better 2-beds available, or some with lower rents, better condition, better location, tenants will pick those.4.

Class b and c bring their own issues but can cash flow great. 

They’re good for gauging how capital is pricing different asset classes and whether demand is pushing returns up or down. 

Eventually, Class A property values increased to the point that even increasing rents didn't allow them to cashflow upon purchase.So, the flood of new investors switched to buying Class B properties.

@Amanda MoskowitzHow much do you know about Property Classes?

Also, pretty darn excited to be starting class this fall at College of Dupage for a certificate in Construction Management.