A pretty property with low equity should be the target.MLOs don't necessarily have to be a commercial property, just multi-family in my experience. 

If for some stupid reason the parties overlooked this in negotiating the sale of the building then the new owner is stuck for what ever is down as security deposit on those leases and is responsible for honoring that to his new tenants.

If purchasing for hold and rentals, are single family, multi, condos or apartments more profitable?

When I was 13 I started my own landscaping company in NJ (Divine Landscaping) and just recently started a video production company (Non Stop Productions).Through the 4 years I have been in Raleigh, NC I have seen an enormous change in real estate and I am tired of sitting back and watching other investors get rich quick. 

If you're looking at Multis, then you'll likely be using Cap Rate a lot, but if you're looking at single family houses this won't be as important. 

@Bobby BarlowYou are a disqualified party to your Solo 401k.  

I would like to eventually get into multi-family/duplex properties. 

The RE agent works in a multi-person firm.  

Access to 9 or 10 figures of government and business capital (let alone $58M) did not save them.It didn't matter if his dad gave him a $5MM or $500MM loan, walking into a room to build rapport, convince the other party that you can close, that you can revitalize the area or the city, that you will get bank financing, etc. takes a lot more than money.$58M.. by the way, the left media has already thrown around so many figures of this supposed loan from his dad, I think I have heard at least 8 numbers already.

My only concern was with stuff left in the unit but already took pictures and I have video from previous days when I entered unit for maintenance.