(you may stop speaking if you wish as child no longer recognizes your existence).10) Look over the child's shoulder while nodding and mumble "hmm, yes, of course" as their fingers fly across the screen with incomprehensible speed.11) When child returns fully functioning computer device to you say "Thank you" which will provide the child the opportunity to show their social development by responding appropriately.12) Translate their response with the following "Millennial Tween to Clueless Adult" dictionary."

It’s nice knowing if something were to go wrong that I could pull the rip cord, but that equity doesn’t translate directly into money in my pocket right away.

How does that translate into a specific predictable cash flow?

Meaning a 6% inflation rate translates into a 30% ROI), and the value of the debt is simultaneously being eroded by inflation. 

Translation: excellent stable location, fully rented with little repairs needed.

It is teachable and translatable.

In 10 years it translates making $700k

Obviously, this isn't the only path to success in REI, but it is one path.Also, as I mentioned in some of my posts, college can provide a lot of skills and connections that can ultimately be translated to success in REI ( you can see my posts for some examples).

If you ever want to sell the next purchaser will appreciate everything in a nice presentation and will likely make it easier to get a good loan which usually translates to a better price on your exit.Let's say you can get the tenant to 12 a foot as an example.3,000 sq ft space at 9 bucks NNN is 27,000 a year NOI. 27,000 a year exit at 6 cap before resale costs = 450,000 sales price3,000 sq ft space at 12 bucks NNN is 36,000 a year NOI. 36,000 a year exit at 6 cap before resale cost = 600,000 sales priceAdditional 150,000 value achieved moving from 9 to 12 bucks a foot.Commercial and stabilized value is all about the true NOI when you sell.

Mixed use is going to require a commercial appraisal that uses the income approach for value and the income of the surrounding market shouldn't be much different from the original, so spending too much on renovations may not translate into increased value and certainly not a sharp increase in value.