Ive been meaning to do a blog post on that, or throw the info on my website, but I havnt had time to get to doing it.In DC the regulations are basically the basement unit needs a seperate electric meter, 7 foot ceiling height on 70% of the basement, an egress window, and front and rear doors, only available to owner occupants. 

I understand that you own a portion of the property but are pretty much at mercy of whatever the syndicator wants to do or be bought out I would assume?

Had to replace a garage door opener and a microwave so far, about $300ea  We’ll either move there or raise the rent in 2021 as we decide if we can tolerate the humidity to live on the water. 

My door business just keeps taking me out of town too often and for too long.   

If you don't, expect to be getting lots of late night knocks on the door to come fix things.

There are costs to furnish and market is reportedly becoming saturated in some areas but if you live next door and can make guest experience perfect and get great reviews, you can probably stand out.

And was alarmed when she was told by the buyer(my listing client) that she has a pending sale from a buyer who knocked on her door after seeing my sign, who made her an offer and the seller made the agreement to sell the house after my listing agreement expired.

Whats a good way to get my foot in the door on owning a cashflowing commercial rental?

Assuming I can refinance to a 30 year fixed loan here are my numbers.ARV = $270,00070% LTV = $189,000DEBT:Debt Constant of 4.8% loan ($189,000) = 6.3%Monthly P&I @ 6.3% = ($11,907 / 12 = $992)EXPENSES:Less Vacancy & Collection @ 10% = $285Property Taxes (Monthly) = ($1,405 / 12 = $117)Insurance (Rough Estimate) = $1,200 / 12 = $100)CAPEX @ 12% Gross Rent = $342Maintenance @ 12% Gross Rent = $342Water/Sewage = $200Lawn Care = $125Property Management @ 10% Gross Rent = $285TOTAL MONTHLY EXPENSES = $1,796DEBT + EXPENSES = $2,788Cash Flow = $62My goal is to cash flow $100 per a door but this market is getting tougher and tougher to find deals. 

At this point in our lives, we are not going to go bird dogging deals, banging on doors, etc.