However, I don't know how leveraged the property and that's a big determining factor. 

I'm looking to start using property management software, but I want something that can also do the accounting for seller financed loans, including escrow accounts. 

@Alberto Cioni, You want to make sure you really understand the fair market value of the real estate you are purchasing at your price - which includes all fees.Today's generation of DSTs has begun hiding fees inside of acquisition pricing, so without a commercial underwriting comp study, it's difficult to understand whether the price is fair.

Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.

The reasons are 1- less competition in commercial2- greater property types lead to more opportunities for “value added”3- commercial net income projections include expense for property management, 1-4 unit residential usually do not4- greater “universe” of properties to buy allow higher minimum return standards Of course residential is MUCH easier to successfully deal in, and with reasonable leverage has small downside risk, so I 100% agree that most investors should stick with residential.  

Whenever near the beach other factors need to be considered such as flood, wind hail insurance. 

I have ideas of how to meet my goals and step my foot through the door of RE Investing but with my lack of experience I would be very grateful if there is anyone in my area (Lake Wylie, SC/ Charlotte, NC) with more experience and willing to sit down for 10-30 minutes with me and help me get over the fear factor of taking that first step, and help me feel comfortable to be able to take action and start the journey.

Even a single-member LLC can be claimed here as well.I have included an image of the page below and you can see the basic layout: Income and Expenses mostly.

@Jake Baker, It's all cosmetic minus the roof and siding which I've already gotten quotes to have those replaced and factored in plus 20% for unknowns.

Unfortunately, there are numerous other frustrated customers who are dealing with similar, if not worse, situations, myself included.