Hi Cathy,A great strategy is BRRR or 1031 your way up to a bigger building that will ultimately make you cash flow. 

As large investors entered the market to acquire single family houses, our margins were squeezed and we ultimately could not maintain our target investor returns as the market totally changed.

@Paul AzadI have no idea how their funds are doing but in speaking with people in the space several GP’s are trying to push a fund right now to survive the next 3-5 years and raise capital before they lose most of the LP’s funds as once that happens raising $ will be near impossible I am not saying this is the case in this instance and cannot comment on the above, just sharing some common industry knowledge on what some are doing

Start with BiggerPockets Ultimate Beginners Guide (free).

I can guarantee that over 50% of experienced hosts wouldn't survived if they started in the current market.

Ultimately in looking at it, I'm not sure commercial would be that great as it doesn't have any highway frontage. 

So ultimately, you should sell your primary, rent a cool house, invest in rentals. 

You'll learn more about the sponsor by learning how they handle an adverse market, and how they survive it, than by comparing projected vs actual without context.

Ultimately the purpose here is to enjoy and be happy with your days, if you own everything you need daily, you don't "need" 500k a year.

Ultimately, all the costs would be added to your basis in the property and depreciated when you place the property in service as a short term rental.