I'll buy the coffee :) I've watched the videos lookup multiple properties to train to find a good deal but there is still so much I don't know.

Because its store front/restaurant space, rehabbing it would not be ideal since we have no idea what is coming in. 2.

I'd love to get my first rental property within the next year and ideally, it'd be somewhere closer to home but I understand that sometimes the numbers don't always work, and it makes more sense to look in other places. 

I'm also trying to optimize my time, so staying away from manual entry into spreadsheets would be ideal. 

So i had to seek out a 5/20yr commercial loan with a rate of 4.95% at a loan of $140,000 It was not ideal but it allowed me to secure the house at the time.

So i had to seek out a 5/20yr commercial loan with a rate of 4.95% at a loan of $140,000 It was not ideal but it allowed me to secure the house at the time.

Ideally, I would like 'seller carryback terms' with a note and mortgage so that I can provide him with a monthly income stream. 

Out of all the videos I have watched, I don't think any of the gurus mentioned this dilemma so its not really something I planned for...

I have been binge-watching YouTube videos and old BiggerPocket Podcasts for the last month or so and finally decided to pay for a pro account here.My wife and I both currently work in higher education, own our own home (in NJ) and are looking into getting involved with some real estate investing.

Given that the property is ideally located and other economic conditions are right, you are bound to receive regular flow of rental income.