Quote from @Spencer Thomas: Quote from @Dominic Mazzarella: Quote from @Spencer Thomas: View report*This link comes directly from our calculators, based on information input by the member who posted.What do you all think of the deal and how I analyze it? 

You see a house on google street view, bid like there is a house there, and you bid your $50,000 minimum bid up to $100,000 for your $200,000 house. 

There is a very big difference in my point of view hearing from someone who knows someone first hand vs. someone who just goes and does some internet research. 

What you are describing is a "dual agent" role, where the agent represents both buyer and seller.

As far as I know, it generally doesn't work in the US anymore as you describe now that interest rates have returned to a normal level.I totally agree with @Henry Clark that, if I want to invest in Italy, I want mass tourism and STRs.

Structure and View ShotWhy it works: Highlights your property’s unique design and surrounding scenery.How to nail it: Pair a ground-level shot with a drone perspective.Example: This listing3.

I mean, he probably wouldn't describe it that way, but that's what he was doing.It takes time to grow organically, and it is frustrating and painful at times.

I like the location and the price is 650kFor mixed use properties as you describe (and I'd assume is located on SW 10th St.), I'd recommend that the residential units fully cash flow the loan as my experience is that mixed use properties are tougher to finance as most lenders tend to prefer one or the other and something in the middle gets more difficult.For example, and granted I don't know anything about the area/neighborhood, I would expect this property (https://www.realtor.com/realestateandhomes-detail/111-NW-Har...) to be easier to finance than the mixed-use property you mentioned. 

Negative CF, which is what you are describing, means you are buying your property, and making no money in the process.

I'm skeptical about it working in the situation you describe.