The best recommendation that I can give you is to find a local mentor in your market who is willing and happy to hand-hold you through your first commercial deal.Commercial leases are typically more complicated than residential, and the "after renovation" value of the property can be subject to a lot of factors.Walk before you run -- find a few people who have knowledge in your local commercial market and buy them a coffee.

Some people get more complicated an have a "management LLC" and "property LLC's" to separate the property ownership from the management/operation of the property. 

Hi @Mike RissmillerI think that would make for a complicated deal.

I see now that there are workarounds to not having a lot of cash to start with, but they seem to be a bit complicated and risky.

Like, is there undue complications in filing and accounting and that makes it a pain? 

It's not really that complicated to buy out of state.

The more properties involved in one 1031 Exchange the more complicated it gets, of course. 

The podcast and the book explain things perfectly, and Brandon graciously tells his story during the podcast, allowing others to learn from his mistakes, and Amanda and Matt are geniuses at explaining complicated matters in an understandable and entertaining way.

I'm also from Central Jersey and I'm what you call "complicated" new.

This seems like a big complicated (and expensive?)