Are you located in Stephenville or CS? 

So, if you fail to apply the correct assumptions to a property, your expectations won’t be met and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance:Property Tenant Pool: closely linked to location, but not always.Property Location: closely linked to tenant pool, but not always.Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.

Also, while it won't cashflow right away, rental rates will continue to rise and in 3-4 years it will very likely be a cash-flowing property (it's in a prime location with tons of upside and development going on around it). 

We've seen to many investors buy a cheaper Class C rental, but expect Class A results.See copy & paste info below that explains more:)------------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Why is Property Class so important for investors to understand and apply in their investing strategies?

You aren't necessarily building that much equity (cost of building exceeds the value) but it is a third option that is a hybrid.Another factor is location.

For example, for your target property, if similar renovated properties are selling for $800,000, then you know investors will be looking to pay $400,000-560,000 depending on the condition & location.

Hey Tre,i'm not sure where you work or if you have a preference for location but i have a brokerage buddy who just locked up a househack in Athol.

Look at comparable sales within the last 3-6 months, using properties similar in location, size, and renovation level.

Hello,I am a real estate investor located to Southeast MA, I own and manage a small portfolio of 23 units and am looking to expand and scale out of state as the returns and market have been quite difficult in my area: due to CAP Rates, specific building class I am looking to invest in, and rising interest rates/minimal inventory, as well as it would be nicer to be diversified and in a more landlord friendly state.  

You'll get a wide variety of opinions from people with very diverse backgrounds and locations and in the process may connect with others local to your market and can talk with them further offline.