I would not consider a 15 year amortization and a 5 year balloon a good option because you don't know if you will even be able to refinance that in 5 years when the balloon payment is due.I think a common commercial mortgage would be 15 years fully amortized with 75% LTV at prime + 1% with a 3-5 year rate lock.

Not as common when insuring 1-2 unit rentals.- Some states, like OH, will pay the "Stated Value" that the building is being insured for

I will have to say that "vacant units" aren't terribly common around here.

One of my leads from my advertising.

After hearing the common theme from the podcasts of "you just have to take action," I made it my goal to jump before the end of the month.

8+ is pretty small and not as common in that area.

1.5-2% is possible in my area. 2% used to be more common until the market got tougher.

They don't actually have real boots on the ground in the markets they advertise, let alone offices.

If it's different than what the seller is advertising/renting, that could be a tremendous negotiation point.I would bet there is a lot of mismanagement here, which makes me think this might be an opportunity.

Set up business page and you can advertise the rentals there and then share them to local facebook groups like "Lake Suzy Classifieds" or whatever.