And therefore competition among tenants can create significant challenges, like...Businesses may struggle to establish a unique presence and loyal customer base, and a lack of profitability due to nearby competition will likely lead to higher tenant turnover.

Why not simply put that extra money in reserve savings for a rainy day then?!?

@Lauren Cutchen, I have not had this happen but I would think you could simply buff the scratches out of the stainless steel.

You'll have a portfolio of what ever, it would simply be an investment with your own funds.

Without clear direction, we lack clarity!

I agree that many transactions shouldn't be done simply because you can.However, out of curiosity, if you had the opportunity to buy a $hit property with golden financing & then immediately sell the $hit property but keep the golden financing & transfer the financing to a great property would you consider it?

Since we don't use Padsplit and manage everything ourselves, we simply call it co-living.

Simply put the word out that you have a property and are willing to owner finance.Mike

So now I have a tenant complaining about the lack of service.Any one deal with this before?

You do not operate a trade/business - they you avoid 1099s, but neither can you use business overhead deductions.Disclaimer: you cannot simply claim to be running trade or business, it's not some checkbox election.