Liquidity is important if this is money you plan to put to work in the near term. 

My plan would be to keep the front waiting room as a small commercial space and the back offices as efficiency units or studios. 

If you sell, consider a 1031 exchange to defer taxes if you plan to reinvest in real estate.

@Ramsey Doumani This is a great plan.

I’m based in Utah and plan to invest in long-term rentals in UT, OK, and/or TX.

At that point, you’re building a business plan—something you can take to the bank.

Scope of WorkThe Subcontractor agrees to perform the following work (“Scope of Work”):Detailed description of tasks and responsibilities.Exclusions: [List any exclusions here].Materials to be provided by: [Contractor/Subcontractor].Reference drawings or plans: [Attach if applicable].2.

It all depends on the work you/your clients want to do to create value and the overall game plan.

Would love to hear what you’re focused on or planning!

If you're planning an open house at a vacant listing, know that you've just let the general public know that it is just that - vacant.Better safe than evicting/repairing...