It can help keep things straight, and it would look more legitimate to lenders, buyers, investors etc.

With a 9-5 job too busy to catch a breather, being that it will be my first rental property would you recommend finding a property management company to oversee the investment property OR create a profile on a property management platform, I am thinking about Avail unless there is a better platform, to collect rent and hire specialist as issues arise from tenants?

Quote from @Akshay Kumar: Hello everyone, I am a new investor and looking for advice on my first investment property.

I know most BP note investors deal in SFR notes exclusively, or at least mostly, and for myself 98% of my note investments are notes secured by commercial properties.  

However, what is far more important for financial freedom is the location/city where you invest.The city where you invest is far more important than the current interest rate.

That is tight leverage for an investment 2nd position loan.A private investor might be willing to do it, it's not going to be cheap at all & will be short-term money & will not be a line of credit to take out at your liking.What is your rate on the 1st?

If you are investing out of state, then do you already have a good property manager lined up? 

I also just bought an investment property in AE recently actually!

After that initial down payment, the bank will basically be financing your investments.

Commercial and industrial are many types of investments.