WAITI just re-read the post topic- this is a rental that you're doing a BRRRRRenovateAll of these costs will be capitalized into the basis/cost of the property.

As I reread it, it doesn’t say how long you have to cancel with that paperwork. 

Hmm, yeah re-reading that now.

Finally, I think you should reread what @Bill Brandt is telling you because I’m guessing a few of you are missing his points.

May want to re-read what I posted.I find it hilarious that the ones who want to compare the college to guru thing, tend to be (but not always) are promoters of guru programs, that lots go into the above, where the gurus don't deliver, are never available, don't have actual lenders (I had one, and the phone number of the lender went to an employment agency)!

I've re-read the section in The Book on Managing Rental Properties when it comes to insurance, but there seems to be different policies available so not really sure what the best type/policy is for insurance on a sf rental property.

@Joel Owens I was re reading this thread, i do not own any commercial space myself, so forgive me if i sound stupid. first, what is TI ?

@Shiloh Lundahl I am not one of the experts @Jay Hinrichs is talking about though you should be somewhat honored that he made his way to this conversation as he's about as knowledgable as anyone you could find in anything you could find that has to do with real estate so I'd start by going back and re-reading everything he said.That said, part of what I think he's getting at is the more "homegrown" your note is the greater the discount you'd probably have to take to sell it.

After re-reading my original post I realize it sounds confusing. 

@Michael Bowie I guess it's time I re-read cashflow quadrant.