I picked up the system from from Aussie investors and this forum.

Lol, no worries Alex.  I was messing with Jay when i said that.  He is always razzing me about those type of purchases.  I don't really use A, B, and C when i work with my clients here.

A,B,C is what i picked up from my Aussie clients.

It's something that is general to explain the type of investment properties i talk about:

A=upper middle class, buy for 40,000 to 60,000 depending on areas that will see more of a demand, cardinal rule number one in my book Location! Location!  I'll spend around sixty for those.  That's the best way to guarantee you will get that rock star appreciation.  Rents around 1,000 to 1,200 a month.
B=blue collar or working class, buy for 20,000 to 30,000 rents a little better than C class maybe 50 to 100 dollars.  Much better tenants that pay on time, more reliable than C class, generally just hard working mid to lower class folks.  When the factory working class jobs come back this areas could see good appreciation.
C=Da Hood, the poor, and lower class, i like to spend around 12,000 to 15,000.  I have done quit a few for 6,000 (that's buying for 3,000 and rehab for 3,000) You really have to be on these people.  I make the best money on these properties though, it's worth the pain in my butt long as the cash flows.

CA$H FLOW KING KYLER

I'm with Engelo, 20 is a lot easier to handle than 100.

If there is no power on site, a battery powered sawzall would eat through batteries.

Been toying with the idea for a type of cage for furnaces and hot water heaters.

The market is starting to recover, I have more competition and the deals aren't what they used to be.

There's just more active investors than before it seems like.  I see the window drying up in 3 to 4 years and the market returning to decent numbers in 7 to 8 years.  Sadly to say if Obama gets another term the recovery will take even longer. 

As far as the banks, they will do anything to try and make all they can on these properties. Problem is the bad debt sends them under or hurts the books.  They can only hold so much and a good portion is fannie and freddie.  The whole reason the robo signing scandal happened was banks trying to shuck debt quick.  It's a mess is what it is, there are still so many mortgages under water and more properties on the way.  Just more people active and the deals are getting harder to get

Things have tightened up, it's hard to get as good as deals as say two years ago.