If anyone has had success in collecting after they got a judgement against a defaulted borrower I would love to hear the outcome and I would love some recommendations of firms that I could turn to to handle this.Thanks for the help!

If the mechanicals of the home (plumbing, electrical, roof, and HVAC) are all centralized to a single unit, I think your home inspector stands a much better chance of spotting an issue as opposed to a multi-unit with multiple independent systems that may or may not be accessible due to tenants.As for closing costs, try to push the closing date until you have the funds available?

The existing tenants all have leases with me as landlord and owner of the property (Pierce Lovesee, a single person). 

MonthWanting information on getting commercial loan this is new to me I have 15 doors mostly single families and wanting to grow into larger complexes Thank in advance David

I began doing 'make ready' single family homes for my brother's company at 14.

Jeremiah, here's my advice in a five-year plan so A) is patience:Year 1) start a single-member home-business LLC for FREE using bank bonusesYear 1-2) build a 720-800 FICO for FREEYear 1-3) season the LLC for FREE and target a 80 PAYDEXYear 1-4) save some cash by cutting back for a few yearsYear 4) study 10,000 properties for FREE and build a teamYear 5) target a small starter commercial project (4 units or more)using the LLC PAYDEX and 800 FICO when it's a buyer's marketrelying on good financials for the property more than your job6) rinse and repeat and SKIP RESIDENTIAL!!!

Single or multi?

That means that banks will pretty much ignore the LLC, especially if it is a single member LLC and treated as a disregarded entity, and treat everything as if it was in your name.  

Or a single zip code/neighborhood/county, or per property?"

It is a 1,156 sq foot, 3 bed, 1 bathroom single family home: Zillow Listing.