I figured tourist/consumer type stores downstairs and offices upstairs.I think I have enough cash lined up for a down payment on the project, but I need to research this through, where do you folks suggest I look?

I've recently set up a Private Mortgage Lending company, loosely based on Alan Cowgill's course and have done a luncheon which has attracted a handful of mostly retired folks who like the idea of getting 8% on their idle cash.

_r=0&abt=0002&abg=1Here’s my synopsis: We are all involved in real estate because we know how to, or we are trying to learn how to, generate a secure and attractive rate of return on our money.I regularly double or triple my money or more buying and selling vacant land.

Do you research though and don't just be hanging on FB, thinking you're working - using social media should be a well-thought out strategy for marketing and should have wide ranging topics with targeted, relevant content that attracts leads to your site.

Not an attractive one but if you believe the market in your area is strong it may be worth the buy in especially if you are oppose to look at other markets.

So it balances out to the standard level.The best part is, I can use my lowest rate in my advertising and attract new business.Rates starting at 6%!!!

Obviously you'll need to YouTube how to do them.Replace a light fixtureReplace a faucetPaint wallsInstall click-lock flooringThe combination of those four can make a huge difference in the attractiveness of a home.

Probably no cap-ex as it's a condo, but you need to factor those in.This being BP, be prepared for the hounds to come label this is as a bad investment (which it might be) and say you must invest OOS.Personally, this deal doesn't look too attractive, but it sounds like you are buying it for much less than market value.

Is it the quick exit that attracts you and your wife to fix and flip or just a second stream of income? 

In order for the setup to be more attractive to me, I'd look for rents to be a little lower compared to other properties with just 1 family.