Rather, they are four former commercial real estate brokers, with one of them also an attorney in their 60s or 70s that have a true hands-on style of mentoring.

The HML covered 100% of the $32,500 rehab budget through drawbacks.Refinance: Post-rehab, I refinanced into a primary mortgage, creating 25.5% equity in the property.Future Financing: I plan to leverage the property with a HELOC to access up to $86,000 in capital for future deals.

I started with Ken McElroy's books, because 1) clearly he knows what he is talking about given his track record and trajectory and 2) because I had easy access to them. 

The “buyer beware” philosophy is fine for commercial transactions, but taking “advantage” of home owners when they’re most vulnerable and lack market sophistication is something no right thinking person wants.  

There's a commercial definition of Class A,B,C. 

I don't think its fair for you to say they are making money without it as I doubt you have access to their books. 

The companies that market themselves as "garage door companies" (residential) also almost always do commercial stuff as well, such as what you are looking at.

Yes , I was hoping I would have enough to start my real estate journey in LA but Im starting to see it might not be as accessible as I thought 

Those types of properties can bring in good returns, but the management can be intensive, and finding reliable tenants for both residential and commercial spaces might take some work.

I found a really nice brick building with 12 apartments, 3 commercial business units and some garages.