Some loans like DSCR (Debt Service Coverage Ratio) loans are based on how the property operates as a rental (income, expenses, etc). 4.

Like an application ? 

This investment aligns with a broader strategy to maximize returns in the growing Drexel market.

I’m trying to learn as much as possible in a short amount of time to at least prepare me for this adventure and hopefully make it successful.

In addition to this commercial unit, I currently manage a portfolio of five residential and commercial units, which has allowed me to gain hands-on experience in property management.My approach focuses on maximizing property value through strategic enhancements, ensuring tenant satisfaction, and implementing efficient management practices.

There's a higher risk of being scammed on deals like that. 

How did you find this deal and how did you negotiate it?

If you like that, you could do it again until you are satisfied. 

This means back stairs, fire escape, usually things that nobody wants to pay for in the neighborhood of 15-25k.

And forums like this on BP have provided me with all kinds of advice and insights.