Right now we classify different residential assets based on a criteria of use and size but perhaps clustering will reveal classifications that people have not realized! 

I agree that the soil being wet does not matter because when the soil drys it will settle. it depends on The soil classification and if they can get bearing.

The correct classification can be determined only by examining all facts and circumstances.Agree with @Ashish Acharya that at least some of this trip is personal in nature. 

My question is - I'm asked to "Check appropriate box for federal tax classification:1.

If the appraiser is worth anything, the first thing they will do will be to pull the tax records and zoning to see what classification and how many units the building is currently assessed as.

(Might be 1 Employee if a hazardous business)Rate per $100 of payroll varies greatly depending on the worker classification in each state. ie sales/administrative might be at .8 per $100, a delivery driver at $6 per $100, a roofer at $20 per 100.Hope that makes sense.

There are numerous B class areas in the $30,000 or slightly higher that come with less hassle and a better quality tenant compared to C class. If

Bradley/George/Stephanie,I am clear now that this falls under the multi family investor property classification.

One point of clarification- if you get a 4-unit apartment building, that is residential classification.

I see what you mean -- classes as in classifications.