The best strategies for any type of cash flow are coliving/rent by the room (would recommend Homeroom for a passive hands off turnkey type investment that still will produce income), multi-family 2-4 units where a rehab/value add is needed, or buying a property with an ADU/Guest house and treating each unit separate unit. 

Im an investor here in dayton and a top producing realtor with some good off market multifamily properties.

.), and investing portion (I only need a portion) in high income producing equities and some private lending.  

I d9nt know the market conditions of the subject area but my educated guess would be that it does not produce high levels of appreciation like So Cal would so I don’t think that is a play for this deal.

If it appreciates  10%, the return from appreciation is 12.5% (25% of the return of the higher LTV).  20% appreciation would produce a 25% return (25% of the higher LTV) $1945/month crease to the cash flow

He will do so and he isn't doing anything illegal.He is having a company produce the mailers and he has no control over the image used.

however, coastal California buy n hold residential RE has produced great return for over 50 years. 

As for pros/cons of keeping it:Cons: 1) Poor cash flow to value, 2) Managing from afar has extra difficulties/risk, 3) No cap gains if you sell nowPros: APPRECIATION: San Diego historically has produced outstanding return for long term buy and hold.  

They are all rehabbed and solid producers. 

I'm assuming with "commercial" you have a company and are looking for a line of credit based on the income that your company is producing?