But, commercial tenants, as was said above by @Greg Scott, can create longer vacancy times and may want build outs done, depending on the area and the prospective tenant.At your price point, the spread on commercial/residential will matter also based on your management expectation.

utm_source=email_share&utm_medium=email&utm_campaign=news&utm_content=utahSeveral Reddit threads about this and allegedly has his license revoked in Arizona as a GC for numerous violations. https://azroc.my.site.com/AZRoc/s/contractor-search?

I am a Real Estate Developer and multi-family investor based in Toronto, Canada, with over a decade of experience in these asset classes and a portfolio spanning 900+ units.

If it was about buying properties, it would be called "collecting".Assuming a property that is good for both, one simple way (the best way) to see which is best is based on comparing the potential profit from a flip to how many years it would take for the potential cumulative CF to equal that potential profit. 

View report*This link comes directly from our calculators, based on information input by the member who posted.

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I'm based in Atmore, AL and currently looking in Bay Minette, Atmore, and Mobile.

I highly suspect you can find many RE based investments that would project better return than these options at these construction costs.  

Also consider selling and reinvesting in other assets based on market conditions and your goals.

How would you explain these buyers terms to the seller. ok. 30 year amortization means the monthly payments are based on a 30 year loan, but at year 20 whatever the balance is they pay it off then (balloon payment)Personally I would NOT accept any of these offers.