The house is updated so that is good but I have been hearing mixed opinions from some property managers that I have talked to.

I’m buying mixed use buildings.

Where folks (and evidently some QIs) get confused is when there is a 1031 added to the mix. 

In order to get the coc returns you’re looking for you’ll need to look at 3-4 families or mixed use residential which is a bit up in the air depending on what the commercial unit(s) are doing. 

Insert excitement mixed with shear terror here...😂  

The property is a mixed use building on the Main Street of a small town.

@Julian Sage I mixed up refurbished and pre-furnished property for some reason.

Retail & office spaces will have to reinvent themselves/repurpose their use, the momentum investors are driving market sectors like tech through the roof, people are moving from stocks to gold and silver, or real estate, which then leads to market analysts posting all sorts of mixed messages about best strategies for growth and preservation.

I've just never seen a good price/details mix for me to personally get involved.Like all commercial property, if you're going to rent it out you really need to keep long vacancy times between tenants in mind; depending on the area and state of the economy it could be 6-24 months until you find another tenant so be sure to include that in your risk/return modeling.Carrie, my general thoughts are that there's probably very little condo-specific as far as advice goes, besides reading the condominium docs closely of course and paying attention to any upcoming special assessments (e.g., new roof needed soon) or planned fee raises - which you'd do for residential condos too.For the most part, you're basically buying a retail property in that area, just on a smaller scale, so you should be able to find a lot of helpful advice/resources under that rubric.

I’m focused more in the SFH and smaller multi-family space, but I think a mix of commercial and residential could be beneficial.