Real estate is a great investment vehicle IF you approach it correctly.

Invest in multifamily housing and you’re likely to see a higher rate of return than stock investing with much less volatility and with greater tax benefits.While the history of stock market returns shows us that the market has been up more than it’s been down, anyone with a sizable chunk of stock market shares would tell you that this investment vehicle is not for everyone.

.: manufacturing or distributing illegal substances, storing, manufacturing, or selling explosives, flammables, or other inherently dangerous substances, chemicals, or unlawful devices)."

You may want to pick one and pursue it for a while and once you either find yourself really good at it or find yourself not interested in that investment vehicle, then go to the next one.

I think I know the building and there is not much to consider with this type of use: if chemicals were used your lender might require a phase one envirmonmentals study, but I don't think that's the case here.Issue number 2 is that it can take a while to find a new commercial tenant, so while tenants typically stay a very long time, if you have a turn over you may have to spend some money on preparing the space for a different use and it could be some time before you have a new business.

The person cannot produce documentation, correspondence, or identification cards sent or issued by a government agency, including, but not limited to, the Department of Highway Safety and Motor Vehicles or the supervisor of elections, which show that the person used the property address as an address of record with the agency within the previous 12 months.4. 

You can typically hit 6% or 7% consistent cash flow in these vehicles, but you'll find that you're total return is capped somewhere at around 12%.In my mind, it's a reasonable trade-off for those who are looking for consistent returns and lower risk.

That would be similar to waiting until the oil light comes on in a vehicle to change the oil.Are you getting any money in concessions towards maintenance in the purchase? 

If you believe real estate is the vehicle to your financial freedom, get involved.  

Buy and hold is an excellent vehicle to create long-term wealth.