Happy to assist.  

If you ever need assistance or advice on managing your long-term rentals, feel free to reach out.

Thank you for your time and assistance!

Was wondering if I could turn one of my spaces into an assisted living multi-tenant facility as it’s in a great area for it and can be changed with a reasonable rehab.

They will likely also need to close any access points to satisfy city inspectors that the now capped chimney cannot be used to "vent" anything in the future.You will likely want a demo team that is much cheaper to do the actual demo and haul off, but you need either the mason or an engineer to stipulate how far down they can/should demo, while leaving enough room for the cap to be effective and maintain any structural rigidity into the future to not create more issues.Long story longer, I would call more licensed, insured contractors.  

Multi-family units (duplexes, triplexes) allow you to maximize rental income while maintaining some personal space.

They will also spot any terms that may not be favorable to you and can assist with negotiating the deal.Due diligence is key in any real estate transaction, but especially in off-market deals.

I understand that forming an LLC and having a business account could be beneficial for this purpose.Thank you for your assistance as I navigate these questions and seek a clearer path forward.

Instead, we decided to try a “cash-for-keys” approach, offering him financial assistance to peacefully vacate the property.My wife Shelly and I went to the property to speak with him in person.

As I've started scaling, I ended up hiring a personal assistant for $500/month that will handle scheduling the maintenance, customer communication and a whole bunch of other stuff- it has been a great investment.