Key Takeaways:

Determining maximum offers on commercial properties involves calculating cash-on-cash returns and internal rates of return to set pricing.

Personal guarantees and clear communication about lease clauses are important for protecting landlords.

Partnering by providing sweat equity in exchange for a small equity stake can be a good way for new investors to gain experience without financial risk.

Focusing investments on cash flow in addition to wealth building helps mitigate risk from having low cash reserves.