Initially, I thought of the $2k "profit" a month being cut down to $1k a month with water bills and various repairs here and there.

So when you do that does all of the profit/proceeds have to go back into the 401k plan?

One idea I've come up with is offering the seller a small percentage of the profits after the house is sold.

Then on his end, he was making astronomically more than he would off of just a normal SFR Rental for a few hundred dollar profit a month.   

If your job income or business income profit is very good then you might want to focus on equity growth and rent growth in better areas over time.

Questions I have are:- Should you expect to make a monthly profit when you first purchase a commercial property?

You can get some really great profit margins, but understandably there is headache... well, for a newbie, what kind of headaches are we talking about?

I built / or should say I refurbed studs out a 4 bd then built a new 4 bed behind it.. last year and that sold for 1.250  buyer is renting it by the room to collage students.. that's quite popular there as well. not as profitable of course as the air bnb..  

Now, I know the object is to keep expenses low and profit high, but could a few simple additions increase your bookings?

I have lots of connections in real estate and would like to pursue these so I can work for myself.