A few details:35 years old, credit, income, and 401k good for the age; 100k in stock/cash; wife, and a brand new baby.Market: Highly competitive north of Boston- Class A 3 unit, (2BR 1BA ea) properties in Class A/B neighborhoods go for 850k, Rents are 1800-2k per unit.  30 minutes more out, you're looking at 600-650k for the same building with 2BDR rents around 1650.  

There is actually an OFFICIAL A/B/C classification for commerical properties.

Is there a way to see Class A,B,C areas on a map? 

My C-class properties have seen a jump in delinquencies. those have been largely offset by the local rental assistance programs, but due to various backlogs, the pay-outs for those programs are running about 60 days behind themselves.My A/B class properties are going gang-busters with lots of traffics, and relatively low delinquencies.K-shaped recovery, unfortunately.

The property is a 4-plex built in 1978 in a B- neighborhood.

This is the breakdownLoan CostsA.Origination Charges$1,7820.325 % of Loan Amount (Points)$492$150Application Fees Lender Fees$1,140B.Services You Cannot Shop For$1,044Appraisal Fee$850Attorney Review Fee (TX only)$150$13Credit Report Undisclosed Debt Report$31C.Services You Can Shop For$2,699HOA Transfer Fee$150Resale Package$300Survey Fee$539Title - Document Preparation Fee$50Title - Escrow Fee$425Title - Guaranty Assessment Recoupment Fee$2$130Title - Lender's Endorsements Title - Lender's Title Insurance$1,103D.TOTAL LOAN COSTS (A + B + C)$5,525Other Costs E.

In my thoughts, it's a positive thing, but not an indicator of neighborhood class A,B,C,D or structure class A,B,C,D.If it's reasonable walking distance (a 10 to 15 minute walk) to the Walmart, and fast foods like Burger King, 7-11, Arbys, Wendys, etc...

Hi @Josh VanVoorhis, based on your description, it sounds like you're looking for a B class property that's rent ready?

Property is in a B- area with rent to price ration close to 1.6 to 1.7.

What class on neighborhood (A, B, C, D)?