I mean one of these posters was told their "turnkey" property had dangerous sidewalk conditions questioning how "turnkey" the property was and their response was the tenant's don't care about the sidewalks.

Do it very intentionally, not just for the sake of scaling up, but to get better quality or easier to manage properties that will replace lower quality or harder properties. 

Is there debt on the property or are you doing all cash?

My first purchase, first property, I had a great realtor.

If this is the case, would the original seller financing have to mention that the buyer (me) can re-sell the property at any time? 

In NYC trying to compare like properties and eliminating co - op debt, co-ops will sell for 60% to 200% of a comparable condo.  

A conforming loan refers to a type of mortgage that that aligns with the criteria set by the Federal Housing Finance Agency (FHFA).

MLS with an agent How did you finance this deal?

Off market and the new the owner used an agent so I reached out to the agent and made an offer How did you finance this deal?

When you finance through national lenders, in your experience, is a balloon a common requirement for commercial loans of this nature or is it possible to get a fixed rate for 30 years?