Then it produced a materials list of their windows, doors etc etc that they already had & pricing.

For example, a vacation condo rental that is treated as a trade or business for passive activity purposes solely because the average rental period is seven days or less is still a real estate rental exempt from the self-employment tax.Per Reg 1.1402(a) - 4(c)(2)- If only services provided in connection with 7 days or less or 30 days or less are beyond customarily provided in connection with the rental of the room or other space the activity produces SE income, if not, NO SE taxes. 

You are essentially turning your "liability" of a house into an asset by having it produce income.If you are near a college town, even better.

You reside in a market that historically has produced one of the best ROI for buy n hold in the nation and you are considering buy n hold elsewhere. 

Rehabbing and flipping seems that it would better suit my current position, but ultimately I would love to own/rent to produce steady streams of income.

I know it took countless hours to produce a community of honesty and integrity and I am thankful to those of you who have made the sacrifices to make this come to be. 

I would be looking looking for income producing properties.

You can use it to produce floor plans, renderings, walkthroughs, etc.

Sometimes that can eat up all of the cash flow that a property should produce.

It's a completely different process for appraising, loan origination, and ownership structure between residential and commercial.Commercial is based off income the property produces, residential is based on comparable nearby properties.