This is a quick and dirty way to quickly make heads or tails of the property very quickly to understand if it’s insanely over priced.Lessons Learned: I should have transitioned to larger commercial deals sooner.  

However, it adds up quickly if you analyze the cost of turning the unit, marketing, vacancy loss, and your team's time to find a new tenant.

The agents seem to think multifamily parcels get snatched up quickly because the inventory in this category is low, but this property also has some deferred maintenance we are trying to decide if we should address before selling or attempt as-is and reflect that in the price. 

You learn a lot about real estate and get exposure to a lot quickly, most big firms will pay for you to get your RE license as well.best of luck with CONTINUING your real estate journey!  

Turning over some kind of commercial property is more labor intensive but it also scales quickly because of potential returns.

Once I did a portfolio refi, I got all those loans off my credit report and my credit shot up into the 800s very quickly.

These guru's pitch get rick quick with no money down, so people "want to be investors" but fail to start because they had unrealistic expectations from day 1.  

Proc. 2002-69, 2002-2 C.B. 831, for special rules applicable to husband and wife state law entities in community property states.I'm happy to answer or confirm any tax/accounting questions if you'd like Steven, Quick question.

This would obviously reduce my cash flow on both properties, as I would be paying the minimum HELOC payment plus extra towards the principal to pay it off quickly.

Frankly, you sound like most operators of these investments... promising sky high returns and minimal downside risk.