Consider that when you prioritize which debts to pay off. 

A friend once compared closings of commercial transactions to jazz performances, where everyone is playing around the same theme and improvising where needed, but also where a few select players have opportunities to launch into solos. 

I'm fortunate that I've been able to interview the top players in the Phoenix market.

I'm not talking about mom and pop operators who have one or two rentals, but the real players who have a lot of rentals.

I would prioritize finding an accountant who specializes in real estate taxation over one that is local.There are 20+ accountants on this message board who specialize in real estate taxation.

*potentially* to the Indianapolis market - you can join other social media groups on facebook for out of state investors as well - great way to connect to local players and get local references.

That weeds out the players from the amateurs.

My clients aren't players at anything under 7% cap rates, so we have had to find things that are off-market.

My Jets seemed to have gone on a diet this season with all of the talent they let go but substituted and kept some quality players and I think it'll be to their benefit.

From the little that I read about commercial real estate, it's less friendly to new investors – less financing options and lower LTV ratios; more time to find tenants/buyers and higher holding costs; although the space is less crowded, the players that are already there are professionals, etc.