These, among a multitude of other reasons are why many of the wealthiest individuals and families around the world have used real estate as their vehicle to achieve financial freedom.Perhaps the one main concern of investors about real estate is that there are many aspects to owning commercial property that require your constant attention and care.

These, among a multitude of other reasons are why many of the wealthiest individuals and families around the world have used real estate as their vehicle to achieve financial freedom.Perhaps the one main concern of investors about real estate is that there are many aspects to owning commercial property that require your constant attention and care.

Pros is that it gives you a multitude of phone numbers, previous addresses and emails.

People have gotten wealth using a multitude of strategies.

The downsides are multitude.

Former ATLiens, but we've been living in Seattle for the past 10 years.All kinds of life events are pointing us back home, and we plan on being out there in two years or so.What we'd like to do is kick start our investing endeavors out there in advance of our arrival . . .We decided we'd like to buy, rehab (and either refinance to rent or just sell).So we watched a million podcasts, read books, did mock deal analysis, and have already automated some of the deal vetting process to make an offer.Comfortable with that, we pulled some cash and got a HELOC to serve as our own personal private money lender until that runs out, we can handle a few deals at a time, IF we could find them.Lately, we're really liking Pittsburg, Mechanicsville, all the way over to English Avenue, for a multitude of reasons:The cost of entry is relatively cheap thereWe're not first movers so we have watched before/afters on properties in these areas for a year or so and it seems doableI went to Georgia Tech, that area has always been near to my heart, sketchy or notHistoric civil rights area, I'd personally have some pride in making that more accessible I'd not mind moving my family into some of these areas when we leave SeattleWhat we are finding is most homes are going over asking and even then our offers are getting rejected. 

To take advantage of leverage perhaps, as it may be easier to get financing on a performing(commercial) asset, or aquiring a multitude of doors all at once,  or finding a value add play which can be very lucrative.

I never would have believed that I'd be a fund manager while on top of a roof of a new construction building 20+ years ago.Even today, I see my former experience come into play in a multitude of scenarios.

Wade:  There are a multitude of posts on BP that deal with this topic if you do a search.

You are counting on 7% covering not only unit repairs but exterior building maintenance, landscaping, turnover costs, utilities, trash, licenses and registrations, professional fees like legal and accounting, pest control, and a multitude of other things that will crop up.