We have options and such mixed feelings; we really like this property:1.

All in all, any experience is a good experience and my wife who knows Greensburg better than I do was right that we need to stay away from that particular area of Greensburg and look in south Greensburg.Good to know you went with an LLC before buying your first property - I’ve heard mixed thoughts on wait til you have several properties vs. doing one right away.

A couple years ago, I had a mix-up with my bank as to who was going to pay the insurance. 

I'll through Lead Sherpa in the mix for its LLC, corporation, trust, and individual skipping.

Also, it's a bad idea to mix too completely unrelated businesses in one entity.

You have commercial to consider but you also have "Mixed use" commercial/residential mix which is really growing fast. 

Usually C/B areas is where it'll be a good mix of cash flow, appreciation and values

My last house had an alley and in my experience it was pretty mixed if people would clear their section.I don't plan to charge anything for parking. 

I'm perfectly fine dealing with risk, but wondering how much risk is appropriate to take on.I have about $50k in equity in my personal home and I always see mixed reactions about using a HELOC or Home Equity Loan for rental properties: some people saying absolutely put your equity to work so you can use 'other people's money' and keep your cash reserves, while others say absolutely not, don't put your personal home at risk of being foreclosed if the unthinkable happened.

I am brand new so I'm not necessarily giving you advice but rather regurgitating what I've learned so far from others and resources.It MIGHT have been in Jeff Leighton's The Beginner's Guide to Wholesaling Real Estate, but I could be wrong because I've been reading and listening to so much material I get it mixed up.