I'm open to both residential and commercial. 

I've always read on here and heard others talk about how buying and financing commercial properties are so much easier than residential.

I am a big supporter of mentors and believe they can offer wisdom that accelerates career growth and enhances overall fulfillment in life.

Hi BiggerPockets community,I have spent some time and been successful in the residential market (flipping homes) and wanting to diversify my real estate investment portfolio by venturing into rental apartments. 

The downside was he later hired employees which caused insurance and other issues running a business from a residential district. 

I already own an LLC (residential contractor) and understand the liability benefits of running this deal through the LLC.I'm only asking about the differences from a business perspective (taxes, showing the income as business income vs. individual income, etc.).

Additionally, to be licensed GC for residential work in Cincinnati, you simply complete a form and pay the fee.  

There is work and risk owning residential units.  

It was once residential with a main house (1800 sq ft) and small back house (750 sq. ft).

Thus, if a portion of the property was used for residential purposes and a portion of the property (separate from the dwelling unit) was used for non-residential purposes, only the gain allocable to the residential portion is excludable under section 121.