Hi Jim, This is a great area and I agree, it will get better due to space tech and much more...  

It doesn't matter if the "funny money" is coming from loose loans (see Great Recession), an overheated sector (See Tech Bust 1.0), an overheated country (Japan in 90's; see 2-3 lost decades..).  

I have 2 pit mixes and well they will lick you to death. 

That 1% would give you a company that does nothing but focus on management and acquisition and keeps up in the fair housing laws that are constantly changing.Spending your time finding a good PM company is much easier than spending your time finding PMs, leasing agents, maintenance techs, and running the PM company. 

The types of projects: Mixed-Use, Multi-family, Retail, Commercial/Office  (NNN Leasing, Rental and For-Sale Housing).God has extremely blessed me!

Cash flow, a nice chunk of cash, or a mix of both? 

And Kama Ward will be glad to know Biltmore is safe at 175,000sfIf anyone is interested in the house Bill Gulley mentioned here is a video:http://today.msnbc.msn.com/id/44607760/ns/today-today_news/t/take-tour-billionaires-high-tech-castle/#.UAVVcnDXGMYActually some of the green and disaster-proof technology he is incorporating is pretty cool.

Let me throw another into the mix.

I bought the dark kind with speckles and a couple other colors mixed in.

Many lenders won't loan on them.After reading your question, I did a little research and found one of our lenders actually does allow certain mixed use properties according to Fannie Mae guidelines, so there are probably others that don't have that overlay.