It's 6 apartments and 4 retail shops below. 

I own a medical office in a retail strip in West Michigan.

We solve the data problem by working with the industry's best data vendors that have applied a lot of post-processing and enrichment to the original government sources, or have collected their own proprietary data.Not all of those vendors are equal in terms of accuracy, and we learned this the hard way through experience -- I come from the commercial real estate research world, and my co-founder from the retail site selection & revenue forecasting world.

If it’s your first property, you might want to start with single family, until you are comfortable with analysis and dealing with tenants(esp if you are self managing)Multi are more challenging to analyze, finance and one bad tenant choice can cost you several good ones.. also most of the multi family properties now are formal value-add plays and they are at full retail price.. but you can still find the occasional “unicorn”..

Judging from what I see this property can definitely go FHA, and the price will likely get pushed up by retail buyers (listed at $519k) as the area is usually priced closer to $600k. 

This is for a retail flip.Some of the items aren’t detailed enough yet, I’ve asked for more info and will update when I get it.What do you think of the costs so far?

I am attracted to this route because the property can be mine for $1,000 cash, and the rehab budget would put me at retail price, *AND* I will have the peace of mind of knowing that I have essentially a brand new house.

This is hoping to turn a retail, home purchase into something that is more investment minded.

@Tom De NapoliNice case for service-oriented retail centers vs consumer retail

An experienced contractor who has worked with mostly retail type clients will be a lot different from one who works with investors.