Proceed from sale of inlaw's first flip bought them a 5 mix used bldg, I get to manage (2013)(We increased the HELOC somewhere down the line to $300K)8.

I currently work in Hospitality and mixed use development in the Southern California area and have experience in multifamily and residential development and finance in California, Washington, DC and Minneapolis. 

I think most of the bases have been vovered, but I want to throw something else into the mix.

My first paid-off piece of RE in line is a 10 unit mixed-use commercial bld. 

Our ultimate strategy is to buy and hold 10 or so properties over the next few years for cash flow, mixed in the with the occasional flip.After some initial research, we purchased a duplex just 2.5 weeks ago in Snohomish that was in ROUGH shape, and we're mid-rehab right now, managing the process and subs ourselves.

Look into the mix of industries surrounding your subject properties.

The past few years in the industry have also given me the opportunity to work on several large mixed-use development and apartment projects.

Turns out, the hardware store mixed three gallons property, and two badly.  

We have all kinds of meetings and have a good time eating and drinking and spending time together.

Mixed use is pretty sophisticated stuff from my perspective.