Commercial buildings use triple net , and those costs get passed on to the tenants thru CAM fees . 

Hey everyone, I just finished developing a detailed guide on how to read and dispute appraisal reports effectively, and honestly, I’m amazed at how often small errors can significantly undervalue a property.

@James SillsFrom my experience working with investors, transitioning from residential to commercial real estate (CRE) is an exciting and achievable goal with the right foundation.

I'm a broker and property manager here in Huntsville.

What kind of account or vehicle would you suggest to start saving down payment money for my first rental property?

Right now, you have a property with a great equity position, solid cash flow, and cheap debt (interest rate is low). 

Do you have a preferred type of property and price range you're looking for in general (knowing the costs can be different based on they market)?

I understand I'd take a pay cut being an agent for the first few years, but in exchange, I'd be learning about the market and building a network as I move towards Commercial multifamily.

Does anyone know how insurance companies evaluate these properties and whether or not real value can be realized for insurance for renovation? 

Buy and hold used as short term rental property.