I thought I'd share a word of encouragement for those of us just starting out in the world of investing after receiving a very disappointing cakl from a real estate agent this morning.

Thanks for letting me know that commercial real estate doesn't qualify for FHA financing, that is disappointing, but makes sense.

That's disappointing!

Dominic,I understand the disappointment of what you are going through.  

I changed my major to finance and they are disappointed because they do not think I will get a job or a high paying job for that matter.  

They both are happy but a little disappointed b/k they wanted to be approve for more home like 250k.

There are lots of more important factors that influence price, so to expect a 1-1 trade off will just lead to disappointment for the OP. 

Talk with local real estate attorney to prevent wasted time and disappointment

It's disappointing, but clearly there will be other opportunities.  

I figured I could rent this storage unit to students or AirBnB tourists on a 1st come 1st served basis.To my huge disappointment, when I called the Malden city clerk building operations and asked to get a permit to introduce electricity/water to the unit to make it habitable, I more-or-less got this answer:- In this single family house location.