Maybe you can run calculations on condos versus homes in your desired areas or within commuting proximity to see the differences short and long-term. 

Understand that different cities and counties are different.

You will meet people from different walks of life that will give you different perspectives on real estate investing.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

@Jason Taken I was looking at different refinance calculators on my mortgage company website.

Under 469, if an activity is passive, we generally have two different buckets. 

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

I'm just "starting" my investment journey in Toledo so still learning about the different asset classes haha 🙈It all depends how people are born and bread IMO.Some with a silver spoon and others with a Makita cordless drill 😁I'm sure many folks on the East and West Coast would consider all of Toledo as "Z Class".Current rents are under market.6 unit is located in Point Place which in my "blue collar working class guy" opinion is a solid A class area for Toledo standards.I'm sure the humble folk in Toledo consider what you will find in the images as "A class" due to heavy influx of homeowners.Much success 🙏

If so, which state(s) because I'm sure each differs.

However, can I suggest a different analogy here?