It included 25 mobile homes, 60 self-storage units, and four commercial tenants.

That’s real money to many people.

Investment Info:Large multi-family (5+ units) commercial investment investment.

Renovation of commercial buildings and the challenges they encompass to become profitable assets to hold within portfolio.

Hi @Lillian Pintaro I am a GC and real estate investor in Birmingham.

Eventually, I am looking to possibly expand to larger commercial properties with 5+ units. 

Awesome to see a new investor-minded person here.. do you have a favorite real estate success story already?

Right now, the best offers around me are for some 1.3-4 million, that only generated around 100k per year gross, so there would be a high chance of not cash flowing, and paying money, especially with a commercial loan (these buildings have more than 4 units).I was thinking that although the rental itself does not generate money, I would be able to deduct the mortgage interest, and depreciation from my personal w2 income and would be net positive.

Here’s the Real Secret: Sellers want to feel understood, not sold to.

Remember that if you buy 5+, typically that is going to be commercial lending and that can be tougher to sell on the exit.