It would be a long term play for me...building in a highly desirable and rapidly growing area.

Just putting together rough numbers at this point in the game...  

It’s a long term game.

They were game changing for me when I was starting out.

The real play is to find a high quality tenant for the store-front.

As for my thought @Jordan Hamilton the South Florida market on a whole is probably getting near the seventh inning stretch to reference baseball.I only hold SFR and that is my thought, I hear the multi-family game has been fully priced for some time now.In the end, if one is buying to hold long-term and generate monthly cash flow then as long as the numbers work and it cash flows positive it might now matter as much.Be sure to work those numbers though: vacancies, maintenance, etc. 

Uncooperative tenants are part of the game. 

(I realize this is a "numbers game" so I just take deep breaths and smile.)Most recent crazy happening, woman I was working with to avoid foreclosure took too long to fill out the paperwork and her home was auctioned this morning.

I am thinking of purchasing a duplex or triplex here in Montreal with around a 40-50% deposit, with the intention of holding onto it until I achieve 100% equity - then possibly resell and make a bigger play with the capital.

Commercial loans are a fact of life if you play in this space.