The main factor here in my opinion are junk fees.  

It would have been an "oh cool" factor, though probably not something I would have really used because I already had a counter wine rack.

This does not factor in monthly servicing fees (which would reduce your effective P&I payment), or one-time fees related to for the purchase itself, loan boarding , etc. 

The main factors influencing value are:What is the current zoning? 

They survey builders and factor job growth vs supply demand/ interest rates the whole 9.

Integrity is key for me!  

I had been looking at different kind of apartments for a while now but i'm not too familiar with how the bedroom & bathroom factors will attract certain type of tenants.What kind of apartment tenants can i expect from a "2/1", "2/2", "3/2", "4/2"?

If you're going to self-manage, the drive-ability factor is even more important. 

Get the home inspectoion, factor in the repairs costs and see if you numbers still work.

I want to do business with integrity and honesty so my name and business reputation will have longevity.