Since it did not work out to sell with agent, was thinking about trying the for sale by owner approach, but wanted to reach out to see if anyone had any advice on pros and cons, and any guidance. 

The flexibility, speed, and personalized approach make private money lending a go-to for real estate investors, especially for projects that require quick decisions or more creative solutions.

Most municipalities have different mix-use categories which dictate the precise commercial use that's allowed.A few additional observations on mix-use assets and how I approach them (1) they are generally more difficult to finance than multi-family assets so expect lower leverage terms even if the property performs just as well if not better than a multi-family property and therefore price this into your acquisition (2) I focus on mix-use assets where at least 80% of the income is generated through the residential component.

I would appreciate input from the BP community as to the best way to approach this from a financial and tax perspective.  

Delays are typically caused by previous landlords or employers who don't respond to our requests for verification.Logical, perfectly sensible approach.

Overall it makes you a better property manager controlling your utility and the bills with it.https://remforce.com/base-boiler-kit/Lastly, I take this approach because actually metering people doesn't work for me in my business planning or this neighborhood and clientele.

My approach doesn't require any special expertise in trades to make the estimates only that you are honest with yourself about your estimates.

That said, if you are OK with little-no profit and are simply looking to gradually build market share by doing high-volume low-quality deals, this approach could gain some traction.All the best!

Hello BP!
I just closed on my second 4plex in Emeryville this week, which is 75% occupied, and every unit is renting below market (~$250-$1500 less). This is the breakdown:
2 tenants on month to month leases ~$250-...

We are already surrounded on three sides by urban zoned homes.My neighbors and I have been approached by two individuals, one is a neighbor who is a real estate agent, and the other one a friend of a neighbor, who works with a real estate attorney; both individuals asked us to join them in working with the 5-6 developers they have approached.