My thought process is that it will look more professional (and hopefully more valuable) to the assessor to have a building that has two rented units rather than just a printing company that is renting a unit out.

While dealing with larger multifamily assets will be much different, there is a lot of valuable experience that comes with starting small.

For me the finding the tennant is the most valuable service PM’s provide, if the current tennant moves out in 4 months you may find ti easy or you may agree. 

I hope this little story is valuable information for other OOS investors. 

Knowledge is valuable, so while you may not have first hand experience, you can still learn from others, and build your network. 

A HELOC is a very valuable tool for any investor.

Club 500 Real Estate Meetup - Newport, CA NO SALES PITCH - EVERYONE WELCOME - ALWAYS FREEWe are a Real Estate Investment Network focused on providing valuable content to all who attend.

Sports?

Why, because our reputation if more valuable that the money we lost. 

They can be valuable.