Appreciate the great advice.What I'm heavily considering right now is moving towards doing this first deal in a commercial retail deal around 1.5 million and selling a few other properties to raise the full cash for it.Then, I could do another similar deal later and have everything split between just the two properties, which makes everything easier if I want to combine it all into one large leveraged apartment building or commercial building.For those of you asking for my story, I'll try and give the condensed version.Basically I started out investing in small residential real estate when I was 19.

I’ll try to keep this as condensed as possible but to explain who I am and my experiences up til now will require a little reading…here goes!

So I guess all that condensed is, how far/fast could 50k cash take me in this?  

Mine is also 2 pages, i might be able to condense it to one, maybe a good idea.

MY "Why" is written out in my journal but the condensed one is. 

Ever notice how quickly condensation fogs windows just from boiling up a pot of spaghetti noodles?

For example a nice shower head will make a big impression on a high percentage of potential renters- Always and I mean Always really check the condensate drain for AC units.- In single family homes, put a clause in the lease saying not to store anything in the attic.

First, make sure you get the property at a price that is good enough to wholesale to an investor.Put out bandit signs around the area, put ads on craigslist, etc...if it's a good deal it will go fast.Make phone calls to your local title companies and ask if they will double close.Find transactional funding either from someone here on Biggerpockets or on Craigslist...And put the deal together.... thats the short condensed version.

So probably there's enough left over out of 10% to cover big CAPEX items that will come up over time like roof, AC condensers, hot water heaters, and so on.

We have had some cold spells this winter so if not heated it could just be some condensation or possibly some loose flashing