You could set your sights on something bigger...maybe 20-30 units on the next one. 

I am here to learn, apply and grow..I am committed to assist some one who will help me to learn, teach me how you analyse deal and I`ll do it for you. 80-20 principle I`ll try to eliminate 80% bad deals so that you can focus on top 20% deals (and me :) ).I want to thank you for enabling such a great platform for people like me and excited to learn for this awesome group.thanks PradeepBellevue, WA.    

I recently put out a video that shares a bit of our story and offers an invitation to a totally free (no pitches) webinar I created.It includes 5 Principles that new investors need to know as well as our story of how we built our $1.35M portfolio with just $35K in cash. 

I've almost 100% set my sights on the student rental market.

Pros- monthly cash flow can be positive, entry prices much easier, and for me I prefer the 'out of sight, out of mind' idea (I know a lot don't though).

Other than that I would not buy sight unseen.

The principle is such that if you were to completely bulldoze the building, you would not be able to build the same building in its place as the county unlikely to approve a SFR in commercial zoned lot.  

Yea it looks like it is very good condition so FHA will work. 3.5% down you would be looking at roughly $2100/m principle and interest if you pay $349,000 for it. 

I would want to see the proof of what you are saying”Almost immediately, we received another email, this time from Charles Sells, one of the principles of PIP Group, with an obviously angry tone: “The claims and clearly one-sided liberal views (of your article) stink of a clear lack of any sort of accuracy related to the industry and certainly that of PIP.

Not totally sure how commercial vs personal loans differ in the overall scheme of things but I would think that the commercial lender wouldn't mind a principle reduction of the over all debt service and allow you to spin off the units when the opportunity presents itself.