I have even seen it in selling businesses. 

Although I don’t have experience in house flipping yet, I’ve successfully run a construction business back home.Due to the war, my family and I had to search for a new place to live.

I want enough money coming in so the business can sustain itself when issues occur with maintenance or vacancy.If you wanted to do this with only 20% down ($46,000), which is all you need for a conventional loan, here is how the calculations change.Total mortgage + escrow $1,493.33 per month with cashflow reduced to $306.67 per month.I prefer to overestimate purchase price, interest rates, and homeowners’ insurance to be conservative.

My initial thought is that you are buying a business.

This means taking days off of work to handle business, dealing with the subs and any deficiencies they may have, spending time dealing with the city, for both permits and inspections.Having GC doing everything won't entirely eliminate your time cost, but it can mitigate it to an extreme degree.My take is that if you are confident that you can be as fast as the GC in handling everything and there is no negative impact to your other business then by all means do it.

With 25 years under my belt in construction and corporate environments, this is not the way you do business.

@Fiona HumphreyJust make sure the property cashflows if the owner of the business dies and you're forced to rent to a normal everyday tenant.

I gave out about 2000 business cards in the first few years.

If you have enough money but your business is the main driver of income in most cases you can make more money putting time into the business.You could also get creative here.

There are some great on-line real estate courses, and I have found the information within them has really been helpful for my investment business.