For a newbie... the best advice I can give is to go and work for a top producing agent so you can actually learn the business (and get paid while learning).Most brokerages just through you into the pond and you'll either sink or swim (and most sink).

They will be looking at the numbers to see if the property will produce the income required to repay the loan etc.

This is because of the internal nestegg that builds faster and better than the cash flow it produces.

Flipping is great to build cash but it won't produce wealth.Long-term buy-and-hold properties are cheaper to get into but they require your attention for a longer period of time and the money comes in slower.

I understand commercial properties are appraised with the income they are producing, but I'm also having difficulties projecting that. 

I have not been renting the property long enough to have proof via tax returns (they always ask for them) that they produce income.

I have access to a a great Private lender, so I guess I have that going for me.I've looked for Similar deals in the area, but inventory is extremely limited, and most Deals I've researched don't show the Sales price/cap rate without being a member or paying a fee.I think if the Owner is Willing to Price it based on the Income its Producing Now, then it should work out.

In my opinion Cash Flow is the key to getting truly financially free, you save the cash that it produces and have that to cover any unexpected repairs and you can use that cash to acquire another investment.

My first property (duplex bought in December of 2017) is producing between 18%-27% CoC return.

@Rene Garcia, seems like your accountant is asking you to invest in a way that produces negative cash flow, right?