It's a 3 restaurant package in West Virginia (where we already have a base) and includes 1 piece of real estate.

Real estate is not my of my knowledge base at all but I want to start working on building passive income now (I’m 44). 

Hey Jon would recommend checking out FB groups if you aren't local (looks like you're based in the Bay).

As an invetsment-friendly agent (based out of Houston, TX), I’ve seen how the right professional will help you analyze cash flow, manage comforatble contractor bids, and even drive for dollars if you want a broader look at potential comps or deals in the neighborhood.

South and South East is less expensive, but you're not going to get the appreciation and my impression is it's not as good a tenant base.

On a commercial asset the value is directly based on the NOI (net operating income).

Maybe they bring the experience and provide the funds.I don't like any of your options based on I think you are too new to investing in real estate to take on any of those.

Many times the tenants are income based and pay 20-40% wherein only 60-80% may be guaranteed.Aside from the rent percentage issue is pride of ownership.

I’m a full-time sales professional at a global GSI, so I’m seeking relatively efficient strategies.Has anyone successfully used cash-out refinances, 1031 exchanges, or other equity-based approaches to boost income?

Have invested in ABQ with first purchase in 2020 - and that was based on my knowledge as a film/TV friendly area and affordability.