The answer to those questions varies significantly depending on the type of facility (open, covered, enclosed, mixed), geographical location, competition, and local laws. 

Cash out Refi property located in Northern NJ, and hypothetical purchase mixed use or multi family apartment building located  in Brooklyn most likely. 

If mixed in with your deposits and reserve funds, you may accidentally spend money you shouldn't have. 

I agree, it is mixing concepts.  

Ideally, I'd like to continue investing in that market and have a mix of LTR and MTR.

Hi All,I would appreciate thoughts/ considerations/ cautions for analyzing a mixed use property that has a duplex with a regular apartment next to a small storefront that's soon to be vacant?

Unit size is obviously going to be very local dependent so unit mix/# of units will vary widely.

Second, if this relative has any other close family, prepare to be accused of "taking advantage of sweet old Aunt Sally," if not now, then a few years down the road. 

I am looking at a mixed use property and I am not too familiar with the loan options available. 

That's sweet!