bet dollars to donuts its leveraged to the eyeballs. 

After operational expenses, there might be minimal tax.

But like with all laws unless its enforced and has some teeth wholesalers wont give a rip they will just break the law and keep going until they are stopped.I wonder what companies like Great Western are  going to do. they have a big philly operation that deals in the low income areas where a lot of these deals are done. 

Also having a higher proportion of revenue generated through the residential component of the building does make financing easier. (3) The exception to the 80% rule I abide by is when the commercial space is leased to a credit tenant with a proven & sustainable business  or where the space presents the opportunity to attract a neighborhood amenity F&B operator (this is most beneficial in instances where you have a larger localized portfolio where these commercial tenants can positively impact the value of your overall residential portfolio).

I also wouldn't be involved in day-to-day operations onsite.

Simplified deal analysis focuses on cap rate vs. tenant risk, lease expiry timeline, rent-to-market comparison, and key metrics like Net Operating Income and DSCR.Good luck!

Would obviously have preferred to use a third party but this accomplishes exactly what I need - a birds eye view of the profitability each month without have to re-enter operational and tenant data into my own system when the property manager is already tracking this information. 

After nearly 3 years of operating history, I'm concerned that the properties are not performing well enough to warrant continuation of the venture, and I'm considering selling.

Critical features for me: calendar mgt, manage client communication, communicating with team (i.e. cleaners), supply/operations checklist per property, and vacancy reporting. 

Study up on warrantable vs non-warrantable condos.One idea I think for a fresh grad, is to find a great RV park operator.