I rented a 4-bed house in Royal Oak, then got 3 roommates that I charged each 30% of the rent, so they covered most of my  rent.You can do the same if you buy a house:1) More rooms the better, if renting to fellow college students.2) Can YOU live in the basement?

I’m surprised they were dumb enough to jack the sales price up 70 K above retail.

In my experience strictly med buildings are generally developed in the same way as part of a campus or off the path a bit from the main retail corridor, so it really is only suited for that use. 

: I understand that there is commercial and residential, but there has got to be subgroups While I don't think you need to niche down immediately, some specializations in residential RE are:- Co-op- Condo (incl. luxury)- SFR (median pricepoint)- SFR Luxury- MFR- RentalsThere are a ton of commercial RE specializations including retail (various types), restaurant, other food/bev., warehouse, storage, and dozens more.What should I expect when first coming into the profession ?

They recommend owners to refinance it as a normal house (4 bed 2 bath).

Purchase price: $15,000 Cash invested: $15,000 Sale price: $5,000Motivated Seller- 3 Lots total: (1) Commercial Building, (2) 1 Bed room Rental houses, plus an extra lot.What made you interested in investing in this type of deal?

If you have less money than will need to look into retail condo investing and mom and pop type stuff.

HostGPO has a 50% off Helix (Retail Prices) offer with free shipping.

Saying everyone hates their landlord is as stupid as saying customer service is not needed since everyone hates the retailer.

@Anna Davis - I agree with Stuart that most properties at Auction need some level of work, especially for a retail/consumer buyer.