Commercial properties can be lucrative, but the financing/underwriting required from lenders is generally more "conservative" relative to residential and usually have higher interest rates (unless you have a "rock star", long-term commercial tenant in place) and generally require more equity from the borrower compared to residential.

The land value is, conservatively, $120k.

Conservatively speaking, we probably own $70k in equity in the duplex and $50k in our own home.In the limited research I've done, a HELOC seems like an ideal form of financing a BRRRR property.

So someone that would be considered to be a "great" syndicator to say an aggressive investor, will look pretty awful to a conservative one (and vice versa).

I’m far more conservative with the estimate because I’m worried about repairs.

While it’s possible the machines could keep on chugging for years to come, I always like to take the conservative approach.

Thank you in advance,Steven I'd advise staying away from Section 8 in BHM and be conservative when running rental numbers. 

Be conservative because demand can go up or down at any time as can the laws -- a good general rule of thumb for STR is to make sure it still makes sense as an LTR.

It also keeps to a nationalistic conservative agenda, and without capitalism, it is just cuts to programs, and no investment into other areas. 

Take the win, be conservative, and don't conflate a bull market for your genius.