I am assuming that the building may achieve 21% cap rate at full capacity so consider hiring a real esate agent to find occumpants and factor those costs in as well.to get an FHA loan you need at least 640 credit score in all 3 credit score agencies.

If these spaces are above a wood or metal framed floor level then the temperature difference will not be noticeable.Personally, I really prefer stained, sealed concrete floors as they provide a rich texture to the existing concrete that you really have a hard time achieving with flooring and it wears better than any other material.Chad Conrad

I won't stop until I achieve what I need to.

While it may be achievable, it is always based upon "assumptions" that never work out the way you think they will.

And lastly is there a better way to achieve this?

@Jonathan La Rosa there are plenty of cities across the USA that achieve the "2% rule" (and sometimes 3%).

This is assuming a 30yr mortgage at 4.7% and 20% down, which I think is achievable.

While I have been fairly successful as a software engineer, I'd like to increase our wealth beyond that which I can achieve by working for someone else.

Most are some of the best people you will ever meet.The more you learn and attempt to understand the target market, of any income level or lifestyle, the less challenging it is to achieve success.This is my interpretation of almost 50 years of experience.

Education is key to making your success easier and enduring.All personal achievement starts in the mind of the individual.Plus, think of all the people you will meet.