Without knowing the specific location, I'd say C class is a reasonable classification. 

The listing is for 185k and has everything I’m looking for In terms of location and amenities.

Also, anywhere you're located, there're local REI clubs, join them and network with like-minded investors.

I am located in Union Co, NJ and have found 6 great deals of late but could not fund them...PLEASE HELP!!!

I also have a concern about the location.

The higher ends are full houses or apts with amenitiesProperty is located within blocks of a Cal State University so rental demand may be consistentCOC ROI is fairly low, but I’m comfortable getting a ~5% return on my first deal if it means that this is a learning experience.

The property located in Peninsula with attached garage. 

As for the remote locations, I've considered Indiana and Michigan because I do a fair bit of traveling there for work and know that I'll be able to check in on the properties periodically and meet with my team on the ground. 

John,I am new here at BP but pass through Concord all the time traveling from Hillsboro to Portsmouth almost Daily.Would love to meet up and chew the fat if you are interested.Let me know.Stephen

@Andre WilliamsI'd interpret that as yes the land is where the value is based on it's location.