To fund additional investments, consider side income, creative financing or creating a timeline with your co-owner for converting property B into a rental to generate cash flow.

First of all I put my acceptance criteria clearly in the ad: minimum credit score (enter X amount, 620 is what I use),income 2-3x rent, good rental history, references, no evictions, acceptance dependent upon background check and employment verification, pet policy, desired lease term, etc. so that people will hopefully read that and not come to the open house if they know they won’t qualify.

I know from experience financing additional tiny homes (not sure if you're looking to do this) can be difficult without having someone that has previous ground-up construction experience.

I am having a hard time verifying military employment and pay.

We'd be interested in taking a look and providing an additional opinion to the offers you may be getting.

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.

If you have any additional tips or resources on setting this up or ways to avoid the common pitfalls in this field, I’d be grateful to hear them.Thank you for offering to share a step-by-step blueprint—it’s exactly the kind of actionable guidance I’m looking for to make sure I approach wholesaling the right way!

Any inputs or additional thoughts would be appreciated! 

In addition, the wrong people will destroy things and there could be high theft.

@Kevin Sobilo, do you happen to have additional information regarding the changes to the rules regarding how basements are appraised?