arebelspy: Aren't your rentals in more or less C areas in Vegas and Detroit?
I don't know what you classify as a "C" area. Those categorizings always have seemed nebulous to me. Blue collar tenants in MI, mostly blue collar or white collar in Vegas. Occasional section 8.
If you were asking if I only have properties in those two areas, yes, at the moment those are my only rentals - I also have notes on properties in a half dozen other states, but those are a different type of investment.
I guess that'd be C+/B-? I donno, like I said, the letter rankings never made much sense to me.
I have the impression you are looking at lower class properties than that (based on a previous comment about them being "between blue collar and ghetto") but maybe I'm wrong about that.