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

On the other hand, if the tenant is required to hire a local company for trash pick-up, this house has a long, fairly steep driveway.

This one is a newer build townhome in an A-class Bluffdale neighborhood — great location, newer construction, and easy to manage long term.Property OverviewProperty Type: Townhome – newer build, A-class neighborhoodPurchase Price: $480,000 (market value)Down Payment: $70,000Underlying Loan Balance: about $410,000Interest Rate: 2.375% fixed through December 2051Loan Start: December 2021Monthly P&I: $1,755Taxes/Insurance (Escrow): $470Total PITI: $2,225 per monthRented: $2,495 per monthServiced through Escrow SpecialistsProtection: Recorded Notice of Interest on titleWhy I Bought ItThis isn’t a big cash-flow play — it likely breaks even after reserves — but the rate was too good to pass up.

Just looking to see what’s everyone’s thoughts about investing in newark nj long term in the ghetto (C-D class ) .. the market is crazy hot right now in this area.

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

Quote from @Adrian Dryden: I would suggest you pick 3-5 markets that you have either been to, used to live in, have family in, would like to visit in the future, or have heard a lot of investors having success in.

One in a class A side of a major metro and one in a working class area.Class A 4 unit.

Pick a city you used to live in and know a little, or one you often visit for work or family, or at least is easy to get to so you can visit often and learn the market.

How much do you know about Property Classes?

@Amanda MoskowitzHow much do you know about Property Classes?