Cost per square foot is dangerous.

Hi @Ben Wagner,When it comes to structuring larger portfolios, this is the direction I generally lean (some investors have specific needs that can adjust my recommendations.)House your buy-and-holds in separate Series LLC(s) from your fix-and-flips, as they are different asset classes and this helps avoid intermingling them - both have their dangers/liabilities, so it's best to separate them from a legal standpoint.

There were also FEWER problems with additional occupants or animals. 

Would a property like this still be considered a multi-family when financing with an FHA loan, and what are the dangers when looking at a property like this as a first deal?

If we get into flex industrial, there are going to be fewer tenants, and we're more nervous about taking more time to re-tenant a unit, especially with fewer total units.

:Owning 1 unit free and clear = $12K/yr5 units free and clear = $60K/yr + (15 units @ $200/month = $36K/yr after PITI/ expenses) = $96K/yr10 units free and clear = $120K/yr + (10 units @ 200/month = $24K/yr after PITI/ expenses) = $144K/yrRetire by Year 10 using the above strategy with approximately $144K/yr income***We understand that by using leverage beyond 20 units, we would be able to potentially acquire more properties however, our primary focus is monthly cash flow (and fewer units under management) for the purpose of replacing our current salaries and achieving financial independence, and we reasonably assume that the 20 unit model above would allow for this.

Some of the sheet metal ones are not very appealing and I imagine just as dangerous to a young infant.I also put reflective bubble insulation on the wall behind the radiator, which is not visible with the covers.

It is so dangerous to collect rent with cash and in person.

Be careful, auctions can be dangerous for new investors.

One of the biggest if not the biggest danger in this game is running out of money as you are finding out.