Cause I have some rentals that are eating my lunch.

There's a lot of expenses that eat into that number before you get to "profit".

I am a green investor and am really thankful for all I have learned after months of reading (and listening) on BP.

I am currently living in the Provo, Utah area.I wanted to give a shout out to all those green investors (green as in "new").

Here are some great books that I highly recommend that I've read in the past year in no particular order: 1- The Magic of Thinking Big (the size of your belief = the size of your success) 2- The 4 Hour Week - Tim Ferriss (productivity and leveraging technology and 80/20 rule) 3- Eat that frog - Brian Tracy (productivity, focusing on 80/20 rule) 4- Lean Startup Method (bootstrapping and adaptive learning) 5- How to Win Friends and Influence People (classic on working with people) Enjoy.

As it is, I know most students eat everywhere else besides the dining room.

So my I'm reaching out to BP for some pros and cons of either eating the tax and using those funds to flip a couple properties, or 1031 the funds into another deal.Thanks in advance for the feedback.

Multi-families can eat your behind if you make a mistake.

Hi Jeffrey,15k to 20k for buying commercial long term it just isn't enough to get started.Legal fees, points, closing costs, due diligence alone will eat up most or not all of your funds.There are maybe some small mom and pop type stuff in little rural to suburban towns where you can buy a commercial property to get started maybe a small office building for sale for 100,000 sales price etc.Anything with a corp. tenant even for the dollar stores you are talking at the low end 700,000 purchase and 25% down.

Hi Doug,Even if you found an owner finance situation with nothing down the cost for due diligence and closing would eat up all of your down payment.The reality is you do not have enough money to buy 5 to 10 units.