Can I use my investment property to operate a business?

[Alex Xu]

Stupid question? Maybe...I'm in the process of buying an investment property (single-family). I plan to open a business using this property. Can I create an LLC for the business and rent the property to my business? In this case, I will be the landlord as well and the business owner. I already spoke to the zoning officer, the nature of my business is allowed under the zoning regulation. I would love some of your opinions/inputs. Appreciate it.