This is a million dollar property.  

Quote from @Logan Barwick: I Am looking at getting involved in rental properties and debating on which option would be best.

When running numbers, especially on small multis more western markets with direct access to NYC tend to be more favorable from the numbers stand point and many of these towns offer 30 minutes or less taking commuting lines.

@Camille Romero I would not buy a property in a city with a declining population.

It usually works out if you have a great property because people will say "wow this is an amazing property for a killer deal" and youll end up with a glowing first few reviews if it pans out. then you are off to the races

Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

Quote from @Jaycee Greene: @Orlando Johnson Are you still looking at buying this property?

and what do you owe and what do you think the property is worth? 

I am very new to real estate investing and I am now putting an offer in for my first potential investment property.