I think the mistake some make is waiting for the perfect, best-possible deal before pulling the trigger.

@Steve Katuska  you should ask Joel Owens  he will know.I have not done any commercial offers in a while.one thing I can recall was sellers wanting a POF before they enter into an contract.IE proof you have the 20 to 30% down in the bank.. or in a 1031..last commercial deal I brokered a few years back was a 80 unit 4 million dollar apartment here in ORegon.. and my folks were paying cash.. we provided copy of the purchase contract and the fact that they owned the vegas multi free and clear and were 1031 .. that did it.. now on another note this was 06  these folks absolutely timed it perfect..

It's not perfect but it's better than nothing.It is a long and arduous process to get licensed, not to mention the annual fees and continuing education...that's why I say do a few deals first to see if you really want to take the plunge.

Don't just buy something just to have a deal.Second, maybe you should perfect your systems first before doing more than one at time. 

My wife and I have located a property we think is perfect to flip. 

@Michael Sato Perfect, exactly what I was looking for!

perfect thanks guys!

Unless the house is perfectly maintain f and licensed, I would pass.

This seems to help us reduce the number of plumbing related calls as well as reduce the water bill as most tenants use water as a way to force things down a drain that is not perfectly clear.

In a perfect world, we'd buy a multi-family to house hack, and a rehab project.