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Updated about 8 years ago,
Office condos for cashflow?
I am planning and researching my first real estate investment. Lately, I've been drawn to the idea of office condos for cash flow.
My plan would be to purchase an office condo somewhere in the neighborhood of 1000-1500 square feet and subdivide it into 3-4 individually rentable offices for professionals and other small businesses in need of single offices.
Has anyone dealt with an office condo? What are the drawbacks to this plan?
Thank you for the help!