A lot of farmland around DM being bought up and then built into condo units and/or developments and strip malls. 

That's helpfulSo we bought the property less than 1 year ago if I get the note to partners name then is it considered a short-term cap gains?

Thinking about the commercial property I bought 6 months ago and how no matter what I can't seem to get it leased out and I'm realizing I'm never going to be a good commercial investor and I need to stick to single family houses

@Adrian ChuARV $140,000County assessment $78,900Taxes are $2,287 ($190 a month)Insured through NREIG at $556 ($46 a month)I bought it cash but will refinance it for $60,000 @ 5 75%.P&I $350Total liabilities $586It will rent for $1,200$1,200-$586 = $614 cash flow and CapEx

Yes, I keep track of prices at the big box stores and set a conservative budget on each project.

I assume this also means you’re going to go to the various supply stores, shop for everything and get it to the job site?

When I first bought the home, I had many people ask me to rent out the home to them, I had no problem finding someone.

We couldn't believe nobody had bought it yet. 

She was also our agent when we bought this townhouse several years ago.

Also ask what LTV they will do on a refinance for a recently bought property.