You can learn these things over time.Take note, Due on sale clause isn't even one of the main concerns.

Banks had no reason to call notes due.

For several reasons (property taxes, politics), I would prefer to begin real estate investing somewhere other than locally. 

Moreover, office spaces often face more competition, especially with the rise of remote work and changing demand in the market.On a personal level, I prefer industrial real estate for several reasons.

Hey Milena, have you checked for reasonable comps in the area?

.- We also negotiate a reasonable completion date, depending on the Scope Of Work (SOW). --- Who gets all the phone calls and wastes time calming a tenant down because the owner's contractor doesn't show up as scheduled after they took time off from work or a 3 day job takes 3 weeks?

I’m also open to alternative strategies, such as private lending or passive investments in funds, to diversify and balance risk.Does this phased approach seem reasonable given the higher HELOC rate?

If the electrician’s quote for replacement is reasonable, it might be worth negotiating with the seller for a concession or price reduction.

The reason we were able to make the deal work was the seller agreed to take a percentage lump sum up front.

At the pro forma income, the cap rate would rise to 8%, which is more reasonable but only achievable after renovations.