Would I need a Real Estate License / Property Management business for this?

You can also check meetup.com or search Facebook for real estate investment groups, clubs, or meetings in your area.

Use the magnifying glass to find blogs, podcasts, and forum discussions on just about any real estate topic.💬 Ask in the right forum – If you’re looking for financial advice, head over to the Finance, Tax, and Legal forum.

Here are the key details:Property Type: 5-unit mixed-use building (2 retail, 3 residential)Asking Price: $5,200,000Building Size: 4,526 SFLot Size: 1,573 SFAir Rights: 4,939 SF availableLocation: Prime area, corner lot, close to public transportation and major attractionsFinancials:Total Annual Income: ~$359,305Net Operating Income (NOI): ~$278,686Existing Debt: $4.375M @ 4.28% (assumable, maturing 1/2031)Rent Roll:Retail tenants with leases extending through 2024Residential units are all 3-bed/2-bath, free-market, with luxury finishesI’m trying to figure out how to best analyze this deal and determine if it’s worth pursuing.

He is local to our CT market so he is very familiar with everything to get closed.

I'd check local STR FB groups and see if you have a local Real Estate Club.You can offer your services there, maybe for free in exchange for the experience.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I suspect you are in a much more affluent market than I am.

My real estate business runs without me.

But the reality is that unless you're a real estate professional or your property is a short term rental you won't benefit much each year.