It may also be because it is a riskier asset type, may be harder to foreclose, etc..

What type of RE role were you doing at that time, if you don't mind me asking? 

Purchase price: $210,000 Cash invested: $35,000 Triplex 3- 1bed 1 bathCompletely RenovatedShared Utilities What made you interested in investing in this type of deal?

Now, I help the same type of clients get financing (both construction and long term) for their projects.

Thank you,Phil Don’t have any experience with the mentioned mentors, but I do have 45 years experience in commercial real estate investing.Flipping (wholesaling) commercial properties require the same base of knowledge (real estate principles, real estate law and real estate finance) that is a foundational requirement for flipping residential properties; PLUS, extensive knowledge of the commercial property TYPE one is trying to engage with, and extensive knowledge of the local real estate market for the subject property type. 

Not only cities but property types as well. 

What made you interested in investing in this type of deal?

Many hosts have success with a mix of RVs, tiny homes, and prefab cabins to attract different types of guests.

There can also be a lot of bad advice, so be sure you know your local laws before blindly accepting this type of advice.After 30 years of being in this industry, a lot has happened. 

I would like to do some type of loan or HELOC product to renovate the common areas and a few units.