It's currently rented out but isn't producing any positive cash flow, I am breaking even with it.

But one we rehabbed/flipped for +$80k net, and the other is a fantastic town home site overlooking downtown that I'll either develop myself or flip to a builder for $40k or so net (we've currently got the existing structure rented to be cash flow positive and bide us some time during the redemption period to decide).

I am a business owner from Grand Rapids, MI with ~100 employees, and I have read several Robert Kiyossaki books, (increase your financial IQ, Cash flow Quadrant, Loopholes of Real estate and a couple more)  I am just recently diving in head first on real estate investing.  

You have to figure out what you can put down and how much money you will qualify for in terms of a loan, analyze the market to see what you can get and where the area is heading, and then look for the right opportunity that will cash flow and maybe even let you house hack.

Hi, I'm a 27 year-old engineer looking to learn about commercial real estate investing in order to acquire properties that will provide a steady source of cash flow that will allow me to continuously add to my potentially higher-return stock positions, as well as cover living expenses. 

Buy or inherit and hold for a long time, then cash out and redeploy equity into potentially higher cash flowing properties or other investments.2.

There's some issues buying there for buy/hold and getting cash flow with rent control.  

If not then this is probably a negative cash flow property even at $1600/month.

This way you can cash flow the property while you hold at no cost and let the equity build.

Mainly looking for Duplex or Triplex property with high cash flow potential.Best,Dave