> If anyone is thinking about going after a commercial property with them feel free > to contact me and I'd be glad to help.I have wondered why auction.com maintains a sort of firewall between its residential and commercial auctions.

But I guess they have to maintain files for 5 years or more

I have well maintained condo at a good association that was occupied all year and had like just a couple of receipts (along with fixed items like dues, taxes, interest, etc)..

The higher you can leverage, while still maintaining a reasonable cost of funds will open up the opportunity to acquire more properties and not lose out on potential profits.Then you got to find the deals.

I was thinking of either  getting property under contract for $70000 and either wholesaling property or rehab, stabilize and maintain rent at 400- 450 mark.

Also, it is little bit more work to maintain a mobile home.

Also, if you don't do so already, require tenants to maintain Renter's Insurance.Ask the fire marshal about their take on this.

Long term, I'd rather stick with hold properties, and sell only if the profit is worth more than keeping it.Since I've learned a lot about REI and how it works, now I'm looking for the other options out there when it comes to financing a multiunit property besides the traditional home-buying method, what to look for in a property, then how the properties are maintained physically and financially.I'll more than likely share my journey here (since this is the only place I can talk REIs and no one looks at me confused!)

@William Stokes thank you for the information!

Tenants break things weather there on sec 8 or not it's called maintaining your property.