The fact someone wanted to show a 20% versus a 15% return by using a lower interest rate, meant increased risk, which you either win or lose, since you're gambling.2. 

The asking price is on the higher side and I am trying to figure out what is a lower side reasonable offer price. 8 br, 4 bath, basement (not finished, laundry). 0.5 miles from Temple.

If I were to apply for a CFO role now, more than likely I have to advantage over a CFO that was in a manufacturing company for a real estate company.EAs specializes specifically in taxationCPAs have a broader knowledge for accounting, auditing, financial planning, and taxation.EA must pass a 3-part IRS exam and do not require a college degreeCPA need a degree in accounting, 150 credit hours of education, must a 4-part CPA exam.EAs often charge a lower fees

The not normal properties such as those with no legal easement to access get redeemed at a much lower rate than normal properties.   

Higher cap rate ~ higher perceived risk ~ lower predictability of cash flowLower cap rate ~ lower perceived risk ~ higher predictability of cash flow @Jaycee Greene what would be or is considered a good cap rate?

I do see some flip opportunities, but flipping is a job; stop flipping and the making of money stops,My next purchase is likely to be in a different market with lower profit expectations than I used to achieve in the San Diego market.  

@Nicholas Cavato Purchasing with an FHA loan as an individual offers lower upfront costs (3.5% down), favorable rates, and better cash-on-cash returns, but requires living in the property for 12 months and cannot be issued to an LLC.

Buying multiple lower-cost rentals would diversify income streams, or you could go for a short-term rental for higher returns if you can handle the management.

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.

It's a great way to keep your living expenses lower than normal as well as build equity & learn what it's like to own rental properties.