The great thing about RE is leverage, if you have to wait 3 years before seeing some light, then it is pure speculation

A financed deal as a pure investor is pretty much DOA.

We invest through two methods, pure rentals, and personals turned rentals.

Show me any flippers or rehabbers that have been in the business 15 to 40 years like many RE brokers like myself included"-Pure Awesomeness!

Pure Gold!!!

Does your lender take into account the current rent roll, or are they lending based purely on your relationship?

(or do you care as you see him as being successful by the number of deals or his (to you) wealth) he could be so far out of compliance, dealing unethically and just hasn't had the right circumstances to be nailed.Funny thing about getting into trouble, luck is involved, pure luck.

Some owner occupants pushing prices by paying more to live-in rather than pure investment.... 

(I'm not going to provide the name of the individual purely as a professional courtesy, because at the end of the day my experience has been good except for my doubt of the quality of the investment)Coaching and mentorship is invaluable, but I will continue the process of looking for one, especially at the local level.Thanks again for the story -- that's awesome you guys were dedicated and came back as champs.

It's very common in the old parts of Milwaukee to find small commercial storefronts which also have 2-4 residential units.I found a 4-unit which I like purely on the merits of the residential units.