I'm particular to that book as that was the very first REI book I read (minus Rich Dad Poor Dad) and it really opened my eyes up to what is possible.

@Laurence Fru    Traditionally converting triplex to a duplex will not be the best option but I will say that is not always the case.  

I started my RE journey earlier and I've been listening to the BP Rookie podcast religiously (as well as started reading Rich Dad Poor Dad).

Unlike traditional lending there are NO rules, regulations, laws, licenses or governing bodies to hold Private Money Lenders accountable to.

Traditional 30year fixed How did you add value to the deal?

We tried to over-provide and had things like both a traditional coffee maker and a Keurig.

Traditional house hunting with an agent.

Countless people out there just watching some youtube videos and think they can just "get rich quick" from wholesaling.

Cash flow would be slightly more with 4 single families, but we're not looking to get rich quick here and the cash flow on the commercial building would suffice, plus appreciation, paying off debt, and doing small rehab to the vacant property along with renting it out would increase value with additional rent.I run a business with 40 employees and understand the business side of things pretty well.

Even if someone is rich, when their business take a hit because the broader economy is sucking wind from high energy prices….they spend less.