Lots of great comments.

Hi Sarah,Regarding your comment to local property managers.

Quote from @Hector Espinosa: Hi All,I would like to hear your comments about the following property, which I think, based on the analysis I made, seems to a be a potential good investment:* Purchase Price: $98,000* Monthly Cash Flow: $310* Annual Cash Flow: $3731* CoC ROI: 15.86%* 5-year annualized return: 15.35% (with a profit if sold of $25K)Also, what are some of the disadvantages of buying old houses? 

The second best comment which I also love to make but someone else beat me to it is how an appraiser values the property which is comparable sales in residential vs the income approach in CRE.

Some of the comments above are simply ignorant to what lenders allow and don't.  501c3 falls in the same area as non-recourse loans for the most part. 

You received some feedback from @Mija Aguilera who has local expertise and knowledge of the area and I am interpreting his comments as the location is viable for commercial use.

His comments always made me leery 

Rather than commenting on such a broad question, I generally ask some qualifying questions like:1.

Lisa thank you for the comment.

I do agree with that.There's also been some negative comments about condos.