Draw backs are the age of the units and very small lot sizes.

However all home buyers make a best determination of the right home for them by sacrificing or prioritizing at least the following factors: price, size, condition, and location.Typically budgets are fixed so you'll have to decide to buy smaller or in a less expensive location if you can't stomach the condition of the home you are considering (assuming your realtor didn't let you make a major mistake on your offer price).

Our value-add plan is to upgrade the interiors as vacant units become available at $4k-$7k per door (depending on unit size and budget considerations).

Hey everyone, we're looking for a commercial leasing agent for several properties we have, mostly on the smaller size.

That deal size generally doesn't make sense to syndicate.

It was stated, not much is going to change besides entrance size, removable cabinets, countertops, etc.

Depending on the size of the property this could mean that it will take up to a year to implement across the property.

This type of financing is traditionally for 1-4 unit properties, but a couple of the Big-5 were/are underwriting 5-6 unit properties with residential lending (this is their attempt to target an area where commercial lenders will not lend).One challenge you will encounter with smaller commercial properties (5/6 to 10/12) units is the deal size may be considered too small by many {commercial} lenders who are not usually interested in underwriting financing less than $1-2M.An option would be to approach a credit union as they frequently underwrite any rental property with commercial lending and will look at smaller deals.When you do finance a property commercially, while the debt will not be registered against your personal credit, the lender will want to confirm your financial house is in order and you are not personally leveraged too much.  

@Michael Avillion my biggest regret from 7 Active duty years as a commissioned officer is I didn’t buy at any of my 4 duty stations.It doesn’t even matter if you don’t love your house-buy something the right size now and trade up when rates are lower or just sell when you pcs.

. $15-$25/hr in Fort Myers is typical, but it does depend on job size and what needs to be done.