However imo commercial RE is where large fortunes are made in a smaller time-frame.    

A typical vacancy will cost over $5,000 in repairs, vandalism, advertising, heavy tenant screening, lost rent, etc.

Fortunately in our area parking is not an issue and I cultivate good relations with all of my neighbors. 

Only because you don't live in a bucolic rural area like mine, where my very first tenant, on move out, could not return the keys because she had lost them months before and simply never locked the doors. :)

. :)If you ever get lost, just go straight to the 'Learn' tab above for both links are there.

@Thomas Fortune I am curious if the 8% just means up charging on maintenance etc...

The last time we went to see the property, it was nowhere near inspection ready, with poor craftsmanship, so ABC’s standards must be non-existent if they consider what we saw “beautiful”.Yes, I've been getting rent from the rent guarantee, but like I've already told Jay, the lost opportunity cost from my capital being tied up for this long far outweighs the rent being collected (which by the way, is always late and needs to be hunt down every time).I couldn’t get a response from Jay when I had initially reached out to with my concerns, so I had no choice but to reach out to Maverick in hopes of getting the issues resolved.

SBL can feel free to spin it any way they like - bottom line is there is no customer service and concern for the investor and I lost time and rent and I couldn't even get a verbal apology from them.

I did what the OP is asking about in Southern California, and it sure as heck didn't take me 21 doors to get there, and no it wasn't speculative luck either ... been doing this 12 years, through the worst RE downturn since the Great Depression and have never lost a dime.

the end result is.. you STILL lost 100K.