Is it a bad idea to purchase a rental or a flip on contract for deed?

Too bad, they used to be the cream of the crop, but have since sold their souls. 

You have 200k in the bank, your credit is bad how?

My Lakewood property was a huge mistake on the acquisition side thanks to my inexperience and a snake-oil-salesman-RE-agent pushing for a commission, but because the property was in such bad shape I was able to still come out with $40k in equity from acquisition. 

Question, escrow company is asking for title and given that I'm recently married there are a lot of choices.

Nonetheless, it looks like I used poor choice of words and it will not happen again.Thanks again and I look forward to connecting with you someday and also participate positively in your fine marketplace.Vinny Lopes

Commercial loans are more expensive.At the end of the day, I believe that it is the duty of all investors to understand the pro and cons of all these different setups and to make an informed cost/benefit choice about what will make they sleep better at night.

You can go online and check the Fair Market Rents that HUD uses to the determine payment standard amounts for the Housing Choice Voucher (Section 8) program in select counties throughout the country here: https://www.huduser.gov/portal/datasets/fmr.html.  

This property caught my eye for several reasonsmostly because I drive by it frequentlyit offers a commercial space, apartments, and mobile home lotsit's close to my other investments and where I liveI feel like this is an area ready to grow (it's the non-interstate link from big town to small town)it's not so expensive I can't find a way to do the dealI've been investigating mobile home investing lately, and this is one way to learn thatI don't have a physical office space for my business, and this would lend credibility to my business (and allow me to have high-speed internet, which I can't get currently)I can use an apartment and rent my SFR for morethe mixed use feels like diversificationI wouldn't be surprised to see an investor try to buy this and several other spaces up for a large developmentI see potential in possibly converting the mobiles to tiny houses and increase rents accordinglyI'm not in love with the deal, but a couple of those reasons would sway me to consider a less-than-great deal, for non-financial reasons.The numbers really look not very good, and it looks like a bad deal as it sits, considering I'm adding 1000 in rent increase and no rehab in this scenario. 

What things do you look for when deciding to make this choice?