I wanted commercial because the returns are much better here than on residential. You have to be careful with what you buy and this was a pocket listing. We got a smoking deal on it. This will have space for my new office as well. I think managing 4 or 5 commercial tenants on long leases is much easier than managing 50 residential tenants that are constantly moving.
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I agree with that. My favorite type of commercial is medical office, even small ones. The tenants do a lot of capital improvements (dentists in particular) which make them stay longer, and generally make good money and can pay the rent. They also become very likely buyers for the property.