Then these are applied to all properties in that area of the city.

Nope that does not apply to business purpose financing. 

Quote from @Summer MacPherson: I recently had a request to apply for a unit come in that said "I am apart of the St.

@Celine Li Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

@Joy McQuearyRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

The same principle applies to real estate syndications.

At closing, the accumulated credit is applied to reduce the purchase price, eliminating the liability.

The loan programs of your buyers will dictate how much of a credit you are allowed to apply to their closing but it certainly helps to move inventory when you offer an incentive. 

Transitioning to Business Credit CardsOnce your business credit profile is established, apply for business credit cards.

Btw, this all applies to owner occupied SFR sellers; commercial or investment property falls under general commercial transaction regs