I just graduated from pharmacy school two years ago and have around 200k loans.

It is really a personal criteria but I would say if lower grade areas you would want more cash flow and the A type areas you typically get less cash flow.

It does not have a basement and the lower level is 3-4 feet above grade.

I'm currently 30 years old and I have a 6 year old daughter who just started 1st grade.

I want to make sure I'm not getting builder grade quality items in this higher-end home. 

Honestly, i have flipped about 6 properties, and so far I have found a grading contractor and a plumber.  

This would include permits, utility disconnection, debris removal, and site prep basically graded for the foundation crew to start pouring a new basement 

You also have to prepare for a lower grade tenants and more management intensive ownership.Another advantage of a higher rent/price on a 4plx is it will help your DTI ratios during loan qualification process.

I had the same issue in my SFR and was advised to grade the space so that the water would drain out along the foundation to the exterior. 

Even though, I had been introduced in real estate through property management in Alabama, there is so much I need and desire to learn about real estate investing.I look forward in "meeting" many of you in the future, and should all go well make grade deals in which all of us Bigger Pocketers may profit in one way or another.