If the vacancy rates shoot up that means one thing.

These are all questions you will want to ask along with another long list of questions.I have written up a list of questions to ask property managers (in other areas), if you would like one, shoot me an email and I will send it to you.

Do you have a set % of ARV you shoot for in your purchase agreement well below the widely recognized 70% minus repairs minus assignment fee?

If your in Illinois I might be able to shoot over there and glance at it if your willing to cover my gas money, I am in Indiana so wouldn't be too bad.

Every email I send in is answered pretty quick.If you want my affiliate link to sign up with them, let me know, I'd be happy to shoot it to you.

@Ming Lim if you ever would like to discuss more in detail feel free to give me a call or shoot me a PM I can give you some information on current properties we have, past deals, etc.

Just shoot me a message and we can meet up for lunch.

And of course I have done far better on some deals.the Carolina deals are going to be pretty good I am thinking 50k ish in 6 months.New construction we shoot for 10 to 15% of gross and we hit it most of the times and sometimes 20% if we do better means we got a super buy on the dirt.At the end of the day I shoot for all my activity to return about 30% apr cash on cash that's the goal.

In other words, you can shoot yourself in the foot and in some cases be liable for bad decisions.Insurance is another world too, you'll need to understand any perils that may effect you and ensure your tenant is properly insured.All depends on the size and scope of what you're saying when you say "commercial". :)

Shoot me an email or give me a call.