Well there's a reason they screen their borrowers, secure their loans with a first position trust deed/mortgage and charge a small fortune to make such a loan.

Property Details- Size: 64,000 SF Class A mixed-use building - Commercial Space: 25,000 SF - Residential Space: 39,000 SF (32 duplex apartments, 2BD/2BA) - Parking: 165 spaces Vacancy and Rental Status35% of the prime commercial space (about 10,000 SF) was vacant and not marketed for rent online. 13 of the 32 duplex apartments were rented at 35% discount to comps What made you interested in investing in this type of deal?

Find and screen contractors?

While it provides a steady income stream and potential appreciation, it demands active management, thorough tenant screening, and may involve higher vacancy risks compared to traditional leases.

Property Details- Size: 64,000 SF Class A mixed-use building - Commercial Space: 25,000 SF - Residential Space: 39,000 SF (32 duplex apartments, 2BD/2BA) - Parking: 165 spaces Vacancy and Rental Status35% of the prime commercial space (about 10,000 SF) was vacant and not marketed for rent online. 13 of the 32 duplex apartments were rented at 35% discount to comps What made you interested in investing in this type of deal?

My sample size is small but I have not needed to show the apartment to book it yet.

They can take care of a lot of the monotonous tasks, and even do things like send leases, screen tenants, add rent charges, pay utility bills, the list goes on. 

That's a better sample size. 

What I do for my units with shared meters is I charge 50% flat to each tenant which prevents waste I get no issues with any waste due to this but the ones that share electric bills do get many complaints due to the size of the bill.

I usually can pickup Spa Sensations/Zinus 12 in Ultima King size for around $275 every few months when Walmart logrithms mark them down.