There is more due diligence to perform for commercial as there are can be a different type of lease for every tenant in a multi-tenant building, despite the spaces appearing identical from the outside.

I have been diligent about not commingle funds with my husband/household. 

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

I will agree with @Nicholas L. that you do need to complete all of your due diligence on the front end in these areas for the price point you mentioned, because there are a lot of horror stories out there. 

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

If you're considering to become an out of state investor, here are some of my tips: 1) Make sure you do your due diligence and don't be afraid of skipping a deal if the numbers don't work. 2) Know your focus - is it cashflow or appreciation?

if the answer is no.. then please keep in mind this will be next to impossible for you go get unless your financially strong enough to walk in the local bank and borrow from them. no HML is going to loan that kind of money on new construction for someone with no track record.UNLESS you put in a huge amount of cash.. up front. so were We see all these folks getting scammed is they don't realize they really don't qualify for financing.. there is some notion running around that HML are just equity lenders they are not.. they are experience lenders IE how many have you done.. first time borrower VERY short leash. so you have the scammers saying no problem  the bigger the loan the bigger up front fee they hit you with and never fund.If you have the ability to go on American Greed website.. look up the episode on Remington financial.. they were the mother of the pump and dump Due diligence scams.. 

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

I found this deal through diligent market research and networking within the local real estate community.

Thoroughly analyze and underwrite potential deals to showcase your due diligence and seriousness.4.