A prime commercial property located in the heart of Downtown Morganton, near the courthouse and surrounded by thriving businesses.

A prime commercial property located in the heart of Downtown Morganton, near the courthouse and surrounded by thriving businesses.

Identifying a home on the MLS that already has four established bedrooms is the route that one would take, however, after closing on the deal, additional bedrooms would be added to the property.

I had already established that the ride is volatile. 

Quote from @Jay Hinrichs: my advice is to get some cash first.. dont be so focused on super high leverage. do seller finance first .. forget sub too until you are very well established and have ability to cash out the loans or refi on a moments notice @Don Konipol  Don gave you chapter a verse about the sub to risk/rewards.

Years ago it was a thriving commercial retail area, but has since fallen into disrepair. 

You're going to want to establish a relationship.

then u must have an established relationship with them bc most would just cut you out.  

Situated on a large lot in a thriving Morganton market, it features immediate rental income potential with cosmetic updates already completed.

As a property manager, creating a standard that establishes the trifecta of benefits and tension is good.