Lets assume you figured out all parts of the planning process and pulled a architect or enginner stamp out of your *** because this is a commerical buildng and no matter what in ct its required.

Yeah, I figured it's more of a "business" than an investing strategy.

Never trust anyone's NOI or Cap rate figures. 

I don’t know exactly how I want to invest in real estate, but hopefully I will be able to figure out what suits me and my situation

I really hope they figure out a way to extend this in the future because it’s a huge benefit for real estate investors like us.

In my opinion the biggest thing you're paying for with a property manager is the experience, staying up to date on legal complaince, and having stuff in place already.If you decide to start self managing you're going to have to spend time up front to figure some stuff out (exactly how much I don't know) and periodically spend some time doing various stuff.The truth is, if you have a property where you have a great tenant, they pay on time, they never cause problems and stuff rarely breaks, management is very easy.

I am having a hard time with the math to figure it out.thanks 

Eventually, I got my footing and figured out my niche.

I know that can be harder in CA.I definitely figured that was the case.

@Ofir R. we've helped several in the past from Germany - usually trying to save their portfolios after they dealt with the wrong "experts" and made bad decisions.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.