Looking for experts in Commerical Wholesale

[Jessica A. Smith]

Morning BP!

Came across a lead for a 9 unit building FSBO. What I do know: asking price is $300K, units rent for $300 a week, owner owns free and clear, per owner building on needs cosmetic repair, units are walking distance to the beach.

I am a wholesaler, and would be interested in wholesaling this property. With this being my first time working on a commercial deal, how is this difference for residential? What are some questions I need to ask owner? Are commercial deals priced the same way as residential? I normally for the 70% rule as a guide for my deals.

Any help would be greatly appreaciated!