Don't get sucked in by an agent who merely "dabbles" in commercial or hasn't done even one deal yet but talks a good talk.  

Ive been reading books and educating myself as much as a can before I do anything as well as having the help of other investors look over deals, so I am not going into this alone. of course using my parents credit can be highly risky, but I did not demand their help on this decision, they merely offered me their help to help me achieve this goal.

I generally try to avoid condos for a number of reasons, but lately I've run into a couple dealsthat have made me re-think this position.On my first few condos, I treated them the same as regular small residential properties, as @Nicole C. seems to be suggesting you do, but I've quickly realized that the equation can be a bit more complicated on a condo regime. 

So, if they held for rental for a number of years and then decided to sell and merely renovated the property to get it ready for sale, there will not be a problem. 

https://www.biggerpockets.com/calculators/shared/1...Include Tenant Placing Fee and Cap-ex (Cap-ex merely 2% since it's rehabbed and all) = 65 Cash flow doesn't make sensehttps://www.biggerpockets.com/calculators/shared/1...

Seems to me that decent wholesalers are merely approaching you as a representative of the end buyer.

The amount of time merely helps support (or not support) your intent to hold for either sale or investment.Second, you want to 1031 Exchange into land that you already own.

My current employment requires me to listen to peoples issues and than I provide feed back based on what I see, so my following opinions are merely insights, not necessarily advice.The following are based on 2 conflicting notions for you to consider:1) Learn from your mistakes.

But merely want to build something for me and my family that we can rely on.Excited to join the community!

They also merely advertise homes that are in pre-foreclosure.