Based on my career progression and maturity in real estate I want to explore opportunities on the commercial real estate side (purchasing Medical Offices, Development sites).

You're a medic, you know it doesn't always "happen to someone else"; same holds true with success as it does with trauma.

This better allows for the unexpected "What Ifs" - what if the transmission goes out, what if the child needs braces, what if the spouse becomes unemployed, what if there is a medical emergency, what if the cousin who lives across the country is getting married, etc.Most people never plan for the what ifs.

I bought the house from my mother in an effort to help her out financially, the house later became my primary residence after some medical issues so I have now lived in the house for a few years.

For some reason I do not like the thought incorporating the 50% rule when looking at cash flow etc.Id rather just have a large enough emergency fund and deal with problems when they come up and not include that in your normal monthly numbers etc.Assuming no property had any major foundational issues, how much money do you think would be good to keep in such a fund?

This is savings i had besides my emergency funds and other savings for family travels and other purposes.

If the location is great then re-renting to a second generational tenant is easy.If it's a corporate tenant that wanted to be in a market and went in for an off the path location then the second generation tenant you will likely not command close to the rent of the corp.Office in many parts of the country is suffering with medical office being a bright spot.My question to you is why would you want a property and be liable for all costs at a 6.5% cap??

I'm a broker but during the time I wasn't a member of the MLS, because I was inactive with medical problems I drove these kind of dictator agents crazy.

@Ashley CampbellWelcome.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.Dallas is a top Emerging Market.

I have found that you allmost never have 2 or more high dollar emergencys at once.