@Aidan Black I guess in theory you could...but we usually are doing residential properties because it's SIGNIFICANTLY easier to get financing. 

Seek out regions that are seeing increases in infrastructure, employment, and population expansion as these factors can eventually raise property values.Pitfalls to Avoid:Overleveraging: Take care not to put too much debt on your shoulders or overextend your finances.

You are estimating using financing at today's rates, BUT over time you will likely be able to refinance to a lower rate.

For qualifying veterans, investigate your financing choices such as VA, FHA, or conventional loans.

You also can look at seller financing for some of all of what you need.

@Kevin Kim I initially post the ad about the unit and get prospective tenants to fill out my application prior to setting up showings.

You can even use an FHA 203(k) to finance repairs into the purchase mortgage.2) Put some sweat equity into the property fixing up and renting out the units.

How did you finance this deal?

Your cash and financing will dictate the size and type of deals you do.  

I’m hoping that since the second count is not related to finance that the stay can lifted and the eviction can still move forward.