It is a little nerve racking to think about borrowing someone else's money for the first time but I am also aware that this is a common thing for REI to do, figure that I better get my feet wet now instead of sitting on the sideline and dragging my feet any longer.I am thinking that my best course of action is to hunt down properties that are turnkey or just need small cosmetic updates, pay for them with cash from the private/hard money then refinance them in 6 months or a year (whatever the seasoning period may be) with a DSCR lender.

Hello all,I'm trying to get my feet wet in commerical real estate-specifically multifamily properties.

He also noted that AC was set on 80 degrees when house was inspected and that tenant took samples of wet dark spots on kitchen grill and send for mold testing and waiting for result.Tenant told us in past that they that they have a portable dehumidifier and we also sent them Damprids kits.We are remote owner, obviously not living in a house, and can not control if tenant is using IC or how do they set controls. 

Broke the floor all the way around on the inside, dug up 100s and 100s of buckets full of wet clay, replaced with 100s of buckets of garvel and installed new drain tile and a new sump.

At this point, I'm trying to learn everything I can before getting my feet wet.

@Justin CairnsIf you are just starting out opening a self-directed IRA without checkbook control may make more sense until you get your feet wet or start processing a high number of real estate investments.

I'd get out in my local investing community and partner up on a flip or two and get my feet wet, get some momentum before I considered quitting my job. 

There are a lot of mice in the woods and your house is better than sleeping under wet leaves. 

I take a wet wipe and wipe part of the interior walls and mini-blinds, if it wipes off yellow, it is likely nicotine.

I do notice a couple of items here that would lead me more toward the water intrusion direction.1) Brick appears to be wet in some of the areas in the center of the first photo2) Foundation at the earth is covered by debris.