It is a function of asset-type (commercial property) and asset value (I will establish a new LLC at about $2MM) for risk management.  

Combine that with closing costs and commissions and you need a very hefty premium to purchase price to realize those returns.

I've chosen a model that combines both

Welcome to Bigger Pockets @Rhonda Norman MLS power is the perfect combination for your goals

I would have to think if you go through the money of making it aesthetically pleasing you also took the time to make sure all systems function properly.Sorry for the rant I can just relate to this post way too well!  

@Judah Hoover When I say duplex I mean, the total income from two units combined should be easily $1200 or more.I will have $53k in purchase.$8k in central heat and air$6k in roof and gutters$3k in windows, fencing, finishing touches.For a total if $70k in the property.

i agree.with all that has been saidBut WARNING find a brokerage that will let u function as investor the way u intended.Taking yourself out of the equation may be OK for some brokerage and not for other.SELLING my own stuff commission saving had a fine print I couldn't live with.I just made my move bc at my first brokerage I feel I can't do this, can't do that.

Too bad we can't combine all the best parts of different locations together into one.

This could change your combined loan to value which may have an impact on the bank's ability to give you the loan (according to their guidelines).

That gives the seller the ability to sell the note if they want rather than wait 7 years.Otherwise a combination of both conventional and hard loan could be done if you can qualify and structure it properly.