Key Takeaways:

Building a comprehensive commercial real estate brokerage course is an intensive process, but it's important to create a thorough reference guide for students.

When setting up a commercial real estate partnership, Cauble recommends using a property company LLC owned by individual trusts/partners rather than a single joint venture LLC.

For market analysis on unique properties like an island lot in Honduras, focus on comparable sales, income, and cap rates, but expect a wide range due to the specialized nature.

When making offers on commercial properties, a credibility letter from a lender can be more valuable than a pre-approval, and agency disclosures are typically not a major concern.

Networking and building relationships is crucial for finding investors, rather than relying solely on cold calling. Promoting successful deals can also attract more investors.

For owner-occupied commercial real estate, banks are often more flexible on down payments compared to investment properties, making it a good "commercial house hacking" strategy.

When vetting new commercial real estate agents, look for those who specialize in the property type and market, not generalist residential agents.