Typically the only other contingencies a buyer would have with the standard Louisiana Residential Agreement to Buy or Sell provided by the Louisiana Real Estate Commission is for financing and appraisal, but if you have a contract that is a cash purchase with an as is sale, then you have no other options to get out of the contract.See lines 197-200 on the contract:  "FAILURE TO GIVE WRITTEN NOTICE OF EITHER TERMINATION OR DEFICIENCIES AND DESIRED REMEDIES TO THE SELLER (OR THE SELLER’S DESIGNATED AGENT) AS SET FORTH IN LINES 161 THROUGH 180 WITHIN THE INSPECTION AND DUE DILIGENCE PERIOD SHALL BE DEEMED AS ACCEPTANCE BY THE BUYER OF THE PROPERTY'S CURRENT CONDITION."

Residential or commercial lending?

I have finally decided to take the leap of faith and sell real estate, I am very comfortable with commercial side of it and just learning the residential side of sales rather than leasing.My hold up is knowing which agency to sign up with to maximize my profits and success.

It has negative job growth over the past 12 months, and well as low median income, and high crime.http://www.city-data.com/city/Memphis-Tennessee.htmlhttps://www.deptofnumbers.com/employment/metros/Lastly, when building a portfolio of that many residential properties, probably the first hurdle you will encounter is lending.

There's no really access to bulk distressed commercial properties, whereas they're everywhere for residential.3.

Well, as you've pointed out, the problem with residential property is that you don't have access to leverage.

In Canada, anything less than 5 units will be a residential mortgage that you have to personally qualify for.

It tells me nothing, and it is a commercial term anyway...not a residential one.

The 2-4 unit building are still considered residential and are appraised using comps which tend to be harder to find. 5+  multi family on the other hand are appraised using their "economic" value which basically uses the NOI and cap-rate.

I've done residential exterior service work for years and now do the residential estimates, so I have the upper hand when it comes to evaluating repair cost.