my current rental GOI:2nd commercial $1650/moduplex $3350/mo5 mix used $4000/moall free and clear. minus taxes and repairsthis bldg, we borrowed 50% at 4.175% fixed 15 yr loanis 15000 sqft flex space. with 9 electrical meters. it currently set up at 6 units. conservatively I can rent at $12/sqft/yrcurrent GOI: $9000/mo (triple net)CAM & tax: 1200/mo from tenants (aka they pay)mortgage: 4000/mo2% after leverage (bc we have to subsize the vacant side have potential rent GOI is $13000-15000/mobut to do that I need to bring it up to standards. hopefully make 10% with leverage.

The law states this fee can only be charged to recover unreimbursed expenses by a CAM in the sale of a home.

The reason for doing this revolves around taxes.

Hi everyone I have been listening to the podcasts a great wealth of information.I find them funny easy to listen to everyone is trying to improve themselves and help others,I'm glad I  stumbled across them.I work about 50 hours a week on my sales job covering 4 states on the road a lot.I get to see some great sights.I presently own a home with a  accessory apartment, An older 2 unit which I'm upgrading and a condo.I would like to expand and eventually do this full-time.I am working with the bank to be set up for a  Equity loan or revolving line of credit line for a down payment on my next purchase.My target area is Southern Maine within 20 minutes of my home.

One of our clients have 300 commercial tenants with CAM using QuickBooks. 

I mentioned that I'm a CAM.  

At our local real estate investors club last night in Rochester NY we had a very interesting discussion revolving around holding paper or real estate notes. 

@Steve IpockLike a revolving inventory of turnkey MFRs?

Cam, start by contacting the County or City engineering dept.

If you are able to have the commercial tenant pay for taxes, maintenance and insurance, then take the percentage of the space he occupies and allocate it as a cam charge ( common area maintenance).You can find leases anywhere, but getting a solid lease from an attorney that you will employ may be a good investment for the commercial space.