It is my understanding the law still allows rental caps at 25% or greater (cap cannot be lower).

Perhaps more importantly, it helps to understand when seller financing is appropriate.

I understand cap rates are not fixed or mandated to be a strict number. 

I currently live in Charleston and am a fishing guide by trade so I have a good base understanding of how water moves through salt marsh areas, but it'd make me feel a lot better about this purchase if I could have an expert look at it.

I was under the understanding that this would be for an additional investment that would be non-owner occupied.

It's my understanding that a single member LLC doesn't really change taxes.

While I understand the numbers have to fit my agenda, would it be best to look in another state since i live near the NH border? 

It's a small commercial loan for 5+ units, but also, too small to qualify (from what I understand) for fixed rate agency debt? 

No, it is not too late to start.You have some great advantages that a lot of people just starting real estate don't.You have experience running a business, your husband understands construction, and you have more cash and equity then an 18 year old wholesaler could ever imagine.With that said, you need to be very careful how you deploy your cash.

It was a great feeling to see my investment grow over time and know that I was securing my financial future.In this article, we’ll explore how you can build passive income streams as a real estate investor.Understanding Passive IncomeBefore we dive into the different ways you can generate passive income as a real estate investor, it’s important to understand what passive income is.