And if you can't find any multi-family that pencil out, sometimes you can find some hidden gems through ADU's on the property or a nice walk-out basement, etc.

The game as a LP is to find a good risk-adjusted opportunity that fits with your tolerance and matches the suitability for your portfolio. 

If they push back on that, walk.

You see a boat jetting across the bay and then he walks into a luxury house.   

Commercial programs a heavily dependent on location and NOI (less one size fits all compared to residential). 

That could make financing the rehab a little smoother.3.FHA 203(k): If the rehab costs and scope fit within the FHA guidelines, refinancing into a 203(k) loan could work.

As Josh mentioned, it's important to find your right fit, I wouldn't focus solely on price especially if you're looking to be very hands off and you're looking for quality. 

You are walking into a potential situation that can break your heart, break your bank account, or break your will to ever try this again...Maybe if your lucky, all 3https://phillysheriff.com/property-listing/ Thank you for the information!

Arizona’s booming industrial and real estate markets seem like the perfect fit for your skills and vision.

Walking through, I can see that owner is the type that spares little expense with his own properties.