Why would you want to invest this in a C or even D area (high cap areas for commercial)?

Install central A/C or go with ductless system?

If it's in a decent submarket and is Class C or above, it should be easy to find a partner if you look in the right place.

My goal was to clean up some of this paperwork since I had four LLCs. (1 LLC partnership for rentals, 1 S-corp for flips, 1 for SD IRA, 1 C-corp) I am closing the C Corp. so now my LLC partnership will show up on my personal tax return on schedule C or E which I do not want.  

I attended James Rutter middle school and I'd classify it as a C or C- area.

Account Closed said, you keep track of that travel and those expenses could be added to the basis of the property if you have identified the property before making the trip (Just the market investigation trip is not added to basis) Flipping and development: You could possibly deduct the travel to another state if you have a flipping business: 1) Flipping business is reported in the Schedule C or as an ordinary business activity if you have an entity, and travel cost to acquire the other properties can be deducted if planned property. 

from there it will be limited more by the type of property you want whether it be a b c or d area as well as the price range you want. 

If you are in-line with comps (which I think you will be), then you have to take a hard decision - do you bet on making minimal or negative cash flow and get potential juicy capital appreciation OR find another deal. 

Thanks a lot man,,,It's interesting that there are so many people that would rather bet on appreciation....rather than go for cashflow.

C or C-?