Class A- Brand New buildings with lots of amenities, good infrastructure & locationClass B- Building are usually older; priced less than Class A & need some updates/restorationClass C- Oldest buildings (20+ years); need significant maintenance; less attractive locationsWhere things become subjective is an older building located in a neighborhood that's changing for the better. 

Many of our borrowers/clients have one LLC that owns the building and another than own the operating business.

My 5 year old started Elementary in our neighborhood.

Real estate investing can be an effective way to build long-term wealth, and among the various strategies, one has gained significant popularity over the years: BRRRR.

Since you said you are selling your building I’d argue you already have been a real estate investor.

I want to know more about the area and build a team that can help me purchase and manage properties.   

I would like to build a duplex on it for long term rental income.

Currently have a small rental sfh on a lot that can clearly build at least a 4 unit on it.

Imagine building a 4,000-square-foot, three-story duplex with a 1,000-square-foot ADU.

If I were a decent renter shopping in that neighborhood, I would choose that brick building over yours every time.