I want to grow and expand my knowledge and practical experience in Commercial Real-Estate, and look forward to sharing -helping others to avoid some of the "pitfalls" Ive experienced, as you know there in not a "manual" on how to do this.

Assuming one can find listing leads through marketing, PPC or SEO.

There's problems of an org offering a list of mentors to it's members in liability and the practicality of figuring out a business model that a mentor would agree to.

Not practical to account for all possible scenarios?

A C-class property here, with some deferred maintenance, you can find for 45 - 55K per unit.Now, there are places in rust belt, through Chicago and Milwaukee where you can find multi-unit buildings running <50K/unit ... some as low as 20K/unit, but you will really need to know the area, the clientele, and the building to know if it is a "deal" or merely cheap.But, knowledge and practice will give you a deeper understanding of the numbers and how they dance together.

You will learn more of the day to day practical knowledge, people ask questions you wouldn't have thought of and you can make some contacts.

If this is in an expensive neighborhood renting may not be that practical.

If not, you missed a lot of great practical info on there.By the way, let me know what you find out on a reputable RE attorney.

I make a practice of never discussing business matters with my tenants and this instance reinforces this practice.

Know what you're going to say and what questions you're going to ask before you get that first call, but practice so you don't sound like you're reading from a script.3.)