It's the same if you look around and large multifamily stabilized and producing income is selling for a 6 cap locally.

Learn, Apply, Produce!

I'm unloading all my single family homes right now and studying on making the move into multifamily or some other high end income producing real estate.

You'll love this site, it is an incredible resource!

In a retirement account:It collects rentIt pays mortgage interest It pays property taxesIt pays for property managementIt pays for repairsIt pays for capexThe sum of those figures (which would be the same as the figures above) produce a net income equal to the scenario above.

As I'm sure you're aware, construction costs are incredibly specific, with costs attributed to a multitude of line-items.

My honest opinion if this is your first deal and the basic numbers aren't producing a positive cash flow with just the two tenants and no tenant for the commercial area move to another property.  

I did my best with Excel spreadsheets based on the book to cover all the bases.Now it is 7 years later and I have a portfolio of 6 income producing (as best as I can tell ;) ) properties.

The short answer is, if you can produce leads and get deals under contract as the retail market gets stronger ( transitions from buyers market to sellers market ) you can sell your wholesale deals faster and for more money.

I think I need to start looking at my expenses a little closer and making sure that these fixes are truely going to produce a ROI.