You can buy another 4 plex in MN for that same price point and have 7 units that are income producing that you can manage since it's close buy.

I may switch to that in the future if it makes sense. that's why Lori has the transaction coordinator she writes the contracts the coordinator makes sure every thing is signed and all disclosures are done and that all dates are adhered to etc etc.. then if she is in the field or whatever she can contact the coordinator day or night and send docs where they need to be sent.. help with scheduling etc.. its a great service for top producing agents that's for sure.. 

Find a realtor who is a high producing buyer's realtor in your market. 

I've enjoyed the game of learning investment stocks, but I am looking to get into assets that I have more control over and that produce better cash flow. 

Was debating going to that one or Note Expo in Nov.

In all cases if they can not produce proof of funds or preapproval letter I do not show them as viewing inside often requires these documents. 

Unlike residential real estate that's appraised based on comparable sales (i.e. comps), commercial real estate is appraised based on its ability to produce income.

It will still produce some sort of income whether it be paying down your mortgage or enough for you to cash flow. 

Along the same lines, you have to look at the ability of each individual lot to continue to produce income.

I won't go into detail about the cat unit, but let's just say it produces $13,000.00 worth of a petroleum product every minute.