With only an acre for parking and building, your probably either limited to a single tenant or low volume garden offices (maybe a small retail strip center, but the sizes would probably dictate shorter leases and higher turnover).

Ultimately it's you who has the decision power over who you'll let live in your units, but let a broker and his agents do all the hard work.

Once my properties are stabilized this way, I begin to look at additional ways I can improve my property or limit my costs in order to increase revenue.

And if you go over the comps and you still think the numbers look good, then find a way to power through it and you will have one under your belt and will be more confident and competent in your next one. 

To a lender, they will both be considered commercial (if the 4+2 are one deed) which will restrict you to commercial mortgages, and the limitations that come with them.From a depreciation standpoint they may both be considered residential depreciating over 27.5 years as opposed to 39.

You hook it up to a water and power source and it performs its intended function as is, where is, regardless.Not so with drywall, countertops, flooring, roofs, etc. 

Seems like a power trip move to me but whatever, we signed the termination just to get them out of there. 

Commissions are negotiated and can be more or less depending on your office policy.Or, again with your managing broker's permission, tell the seller you know several investors that might be interested and get a listing... maybe a limited listing instead of a contract to buy it yourself... maybe as a transaction broker so you're just helping the buyer and seller consummate the sale (not representing either party as a fiduciary) and charge a commission instead of a wholesale fee.Just spit-balling ideas for you, but check with your managing broker to structure something that does work for all of you.

It was broke down like this:xxxxx1: “O” Checking = Rent in, Bills/Expenses Out; xxxxx1: “A” Savings = Reserve funding in, CapEx out;xxxxx1: “S” Savings with limited withdrawals = Deposits Held;xxxxx1: “M” Mortgage loan accountxxxxx2: “O” Checking = Rent in, Bills/Expenses Out; xxxxx2: “A” Savings = Reserve funding in, CapEx out;xxxxx2: “S” Savings with limited withdrawals = Deposits Held;xxxxx2: “M” Mortgage loan accountAnd so onThis was fine up to a point, then it got way to convoluted keeping track of everything.

They're small enough to manage with little experience (so the stakes are relatively low), but you also get to experience the power and fun of real estate.