Commercial encompasses large multifamily buildings, hotels, industrial, office, retail, development, self storage,etc.All of us that are commercial brokers specialize in an asset class and deal size range.If you are looking for larger multifamily or retail STNL or MTNL product it's all I do.

Use the BP calculator :-).  2)  Do not buy in the ghetto because the numbers look good3)  Write down your screening process  - this is your most crucial key to success and less headaches4)  Deliver the best rental product   - new appliances, toilets, vanities, paint, fans, clean the A/C and exhaust vents  - this is your second key to success and less headaches5)  Get a good lease  - I can share mineIMHO, I think MFs are overpriced right now.  

The short term product will then be refinanced into a long term product (Portfolio loan, conventional mortgage, bank loan, ect..) 

I read Rich Dad Poor Dad 10 years ago, but little action was taken.I am hoping to take charge of our future, and hopefully invest in several buy & hold properties, and rent out for a slow and steady cash flow.

@Daria B. a conventional renovation loan can be used to purchase or as a refinance loan if the lender offers the refinance product.

Now we are slowing down on buying properties and are able to start paying them down with the rental income.

I am interested in using the Brrrr strategy to grow my buy and hold portfolio and need help.I have spent quite a bit of time reading the forums (and many other sites/tools) to gain insight into southside suburbs and neighborhoods, but the process is just too slow.

That way if you get a slow writer they aren't milking your budget...

There are a number of people currently doing so in Davenport, and it doesn't seem to be slowing down as the city is developed further.

Be patient and understand it is a process for a full time new agent so things may be slow at first being part time.