Drug users and alcoholics are not a protected class so discriminate all you want-they may however belong to a real protected class-veteran, gay, lesbian etc- don’t overlook that! 

Class A property is not cash flow unless you have an apt complex.

THE DEAL:MLS Listing3BR 2BA // 1950's SFH // 1350 sqftOriginally $134k; reduced to $119kDOM: 6 months +Blue Collar B-class neighborhood in Bossier City, LA3BR Market Rents $1000-$1150 // 4BR Market Rents $1200-$1350This property is in one of the best school districts in Bossier City and literally walking distance from the elementary.

With that out of the way please read on.This idea is designed to do 3 things:Increase revenueDecrease expenses(Mainly for A/B class properties) Make your building more appealingI would love to get some feedback from Investors/property managers before I start talking with investors in my area about it. 

The forums tend to be fairly practical, so you can pick up some real world info pretty quickly.

I would like to build a portfolio of BRRRR properties (SFH or duplexes) in solid B class neighborhoods with good schools and low risk for longterm buy and holds with the possibility of modest future growth (home value & rents). 

Hey BiggerPockets Chattanooga,I'm a buy-and-hold investor, and I just picked up my first property in the East Ridge area of Chattanooga. 

If your mgmt company has good doors to manage, then I would say you will fair much better then managing low class properties. 

Now, I’m going back to school, as my employer reimburses 85% of how much my classes are, and taking out $10,500 a semester in student loans to do more deals.

Practically, I can make a solid case that condo rents are not in perpetuity (more volatile than say, C Class apartment rents) as they require some level of negative cash flow (repairs) to maintain the rent-level.