It goes something like this.You find a commercial property for sale in a good location that’s currently vacant (so that you’re not paying for current cash flow) and that has an assumable mortgage at a relatively low rate.

Pretty close to being priced out actually.  

Starting one from the ground up, or buy an existing property that is for sale?

The last 2 deals I closed were pre-foreclosures (Arizona).

It's "full-sun" method, out int he open no BS, full closing with R.E.

I have done the work to close on the home in a great market and my strategy is buy and hold.

You could also put lipstick on a pig before going to sale and lower prices to get higher occupancy. 

Such a fantastic book, FHA financing is a highly effective house hack and can be combined with a sellers concession or up to 3% with 3.5% down to reduce or completely cover closing costs.

new investors are ALWAYS surprised that there are closing costs. 

Purchase price: $115,000 Cash invested: $35,000 Sale price: $240,000 Move in ready, fully renovated townhouse, 2 bedrooms with 2 1/2 bathrooms and ample closet space including walk-in closets in each master bedroom.