Purchase price: $7,800,000 124 unit Garden Style apartment community located near Oklahoma State University in Stillwater, OK.

Feel free to add me!

If you ever want to chat or brainstorm strategies, feel free to connect!

@Albert Gallucci as many have pointed out, in the commercial space of 100+ apartment buildings and offices, property classes have some pretty decent industry standards.We started applying these to 1-4 unit properties around 10 years ago, which you can verify on our blogs, because we saw too many newbie investors not properly taking into account things like, neighborhood status, tenant pool, property condition, etc.Unfortunately, there's no industry standard for this, but you can use some basic logic to think your way through your own Classifications.

Feel free to reach out if you ever have any lending related questions.

But now I'm thinking of renting the whole house and getting a cheap apartment to save even more money.

Feel free to message me direct..

Plus I feel confident that any mortgage company will send you a notice telling you to get insurance.

Or paying off my debt, while I provide them with a nice house to live in instead of an apartment. 

Best of luck on your journey, and if you ever want to brainstorm strategies or need advice, feel free to reach out!