I am mainly a buy-and-hold Investor for this reason.

Property includes: (2 buildings)The large old building with main level office previously a dental office and potential for build out second floor of (1)-1br efficiency apartment, (3)-2br/1bath.

Not only does it make the property look poorly managed, it's a great way to crack your main sewer line and leave you with a hefty plumbing bill.

I needed to read this because I find myself going back constantly on my property criteria so my main focus is house hacking my way to least 5 .

I’m trying to familiarize myself with the area more thoroughly.it seems to have a stable increase in prices.Since I plan to live in the property initially, breaking even in the first year is my main goal. (5% down; PMI removed with renovation)However, I’m also wondering if it’s feasible to have some cash flow from such rentals, or if the risk of vacancy is high in this market.Any guidance or pointers from those experienced in this area would be greatly appreciated!

.- Phase 2 (April 1, 2022)Applied to all remaining existing policies, transitioning them to the Risk Rating 2.0 methodology upon renewal.The new system replaced the decades-old approach to calculating flood insurance premiums, aiming to provide fairer and more accurate rates based on individual property risk.Before Risk Rating 2.0, flood insurance premiums were mainly based on whether a property was inside or outside a designated flood zone and its elevation on a map. 

As you're doing your research, the main difference you will find with a Commercial versus SFH/MFH is the due diligence time constraints. 

I mainly use LLC's taxed as partnerships. 

My business partner and I have a monthly fix/flip forum we hold in Scottsdale and mainly just work with flippers/investors. 

But, primarily my main business is remodel work.