As for commercial mortgages there is not really a limit to how much commercial debt one can obtain so you won't be handcuffed at a certain number of mortgages like the 10 on the residential side. 

I would strongly recommend that you instead of starting with a foundation company, have a structural engineer come out and take a look at the property to get a feel for exactly what foundation repairs are needed.You can then have foundation companies bid on the engineer's report to resolve the issues to avoid a situation where you are allowing the foundation company to come up with the estimate themselves as I have heard that foundation companies estimates tend to come in all over the place without an engineer's report to work off and limit their repairs.I will PM you the guy that I used for a property I was looking at recently.   

@Molly Morlino I can vouch for the limited storage spaces around that area.

However, just in my limited knowledge and an attempt to contribute I think the general rule around is 10 loans to a name and then you'd need a portfolio lender to be doing anything past that.

It seems (in my limited experience) that every time one approaches a 'realtor...' they either consider an REI a "competitor?"

I am now in a contract position as 1099 and have the option to fund my own Solo 401k up to 55k, which is amazingly awesome compared to most employers just providing the individual limit. 

on the area just going for the size of property you want you will be limited to our urban core. 

I would say stop wasting your time chasing those county programs which are turned on and off like a water faucet and concentrate on making money with buyers who have 3% to put down.Or, sell them on a 100% USDA loan and get them to move out of the city limits, buy more house for the money and their kids can have a pony!  

The ground lease will usually spell out site improvements the tenant wants and connections.Best thing usually is to connect with a local commercial attorney familiar with development to get your questions answered.You try to limit up front costs but even then you can spend tens of thousands on some deals that do not work.  

I hedge with higher liability coverage and feel that as long as your coverage is equal to or greater than your net worth, you're probably going to be okay.