If you can find the right place for commercial you can rent out part of the space to another business and end up housing your business for free.The best advise I ever got was to figure out who you want as tenants and only buy property they will rent.Commercial tenants tend to be much more professional with lots less drama but you can also end up with long vacancies which are costly.

The IRR is an annual return which is comprised of the annual cash flows (9-10% per year) plus two equity components, debt pay-down and appreciation.

Jamie,you have some details correct and some mixed up a bit - let me help.There are 4 components to a property - let us use a single family home as an example.There is the house - bricks and sticks.There is the deed - who owns the propertyThere is usually a note and mortgage - the Note is the promise, the Mortgage Secures the promiseThere is occupancy.Most people think these are all in the same and sometimes they are - in our instance, they are not. 123 Main St is the physical address.

If they aren't professional tenants usually two things will happen.1.

But then UBIT may not apply on rental component of the income.

It depends on the salesperson's professionalism and experience.

Been studying the real estate in the area for the last 6 months and now looking at creating a new network of professionals and friendships.

Besides the info here won't cost you one red cent and there are experienced professionals in various aspects of real estate investing from residential to commercial, licensed pros, wholesalers, rehabbers, landlords the works.

I operate my businesses in a professional way, documenting, and setting standards and rules.Some of you may have missed that I have only heard of this happening twice.

I would see if the agency can give a breakdown(unlikely) or break it down by component or number of liabilities you do have.