I've read a lot of blogs about the subject however, it still doesn't explain the details to the process.

Maybe this example will explain the idea better: Comparing owning 4 SFH and 1 4-family, in the first situation you have 4 roofs that can take damage in a bad storm, leaving you on the hook for suddenly dealing with substantial cap-ex expenses across 4 properties.

This Link does a pretty good job of explaining the topic.

I explained that I just didn't think it was right for me. 

Once verified I will spend time on the phone and e-mails explaining the commercial retail real estate process in depth so that once we find a property the proper steps are followed.If a buyer cannot even put in a proper LOI for instance to a seller then the listing broker and seller might feel doing a transaction with them is completely out of the realm of possibility.

However, combining them creates problems that will be difficult to overcome.Let me explain further.  

Hi Tyler,I will explain the HUD foreclosure process for you if you answer the following questions.In your original comment you stated the HUD home was owner occupied is that correct?

@Gregory Butterfield - As David explained, there are lots of different closing costs.Anything listed as Origination Cost will go to the mortgage company.  

@Fyzl Atmar Thank you for going above and beyond to explaining your point.

So when I come to my friend, I want to explain the benefits to him and why using this method is a win-win.