Because the question was not about becoming rich but about a highly technical aspect of the tax law.

Again all of this varies depending on what you are trying to do, and other financial aspects related to you, but these are common aspects of deals, funding etc. 

'mid-term' and it's just an aspect of renting a unit this way that you'll have to deal with.

Specifically, I'm interested in understanding more about the operational aspects and strategies that have led to your success:1.

They are basically opposites.While I am guessing the pool is common in TX, just remember that its another significant liability when having a rental.I guess the other aspect is to you really want to be a landlord? 

The closest properties that match the luxury aspect are about an hour north, featuring modern high-end luxury, whereas our property offers a 'commercial' luxury due to its size, amenities, and prime location.Interestingly, during our property appraisal, the uniqueness of our home led the bank to require two separate appraisals.

Because of this difference, the approach the the business plan, financing, and other aspects of ownership are completely different.IMO, every commercial property should cashflow. 

Agree with all of @Kevin Sobilo points above with the largest being the legal aspects of using an unfamiliar lease in court.

The appeal lies in consolidating all aspects of the investment onto one property, coupled with the desire for steady month-to-month cash flow and the potential for long-term appreciation.

. - I asked for 3 months' bank statements and have about 20k liquid- 16 derogatory remarks on credit report- (I feel dumb for even asking considering this)Here is the kicker:- they own a restaurant and already said "How would you feel if there were occasional workers that stayed here?"