Hello everyone -So I just wrapped up my first year as an investor and landlord (great experience so far) and I'm in a situation where I need to decide whether to take one of my tenants to small claims court or just eat the losses as a learning experience.The property I acquired is a commercial  office/warehouse property with 8 units: two units are shared and there was 1 vacancy.  

I'm sure that whatever you are doing career wise is a lot more intensive than acquiring your first property.  

As you ramp up and acquire more properties you hopefully would have learned more be able to fine thing

Generally what you bid is how much you are willing to pay  for the property in the event you acquire the property.

It's 50/50 that the tenant will have or acquire them - - singles seldomly do, families almost always.

Here are the logistics:Trying to acquire an owner-occupied 2-family using my FHA loan.Mortgage company rejected me because:My job is 2 hours from the propertyI work in Jefferson City, MOProperty is in St.

How did you acquire it?

There are plenty of boarded up homes, dilapidated properties, and slum lords to acquire properties from at bargain prices. 

How many of you did deals/business first to acquire more capital?

My long term goal is to acquire cash flowing properties via the BRRRR strategy.Am I making the right moves to get started towards my goal?