Hello @Michael Dallas,To verify the seller’s information, ensure you request these essential documents:Rent Roll (to confirm rental income and occupancy)Lease Agreements (to review tenant terms)Financial Statements (past 1-2 years, including income and expenses)Property Tax StatementsUtility Bills (if applicable)Maintenance Records and recent CAPEX reportsInsurance Policy DetailsInspection Reports (any recent or previous reports)These will help you confirm the property’s income, expenses, and condition.

Hello colleagues,The fire Marshall recently conducted a review of an 8 unit, 3 storied old building in Palo Alto, CA  that I manage.He has specifically called out for several corrections.

Check out other online guides available here: https://www.biggerpockets.com/guides3.

As you get closer to investing, network through meetups and online communities to learn from others.

Occupancy has remained strong and PadSplit is hitting new booking records regularly.Here are some articles to review in the meantime:1. https://www.padsplit.com/host-resources/news/how-affordable-...2. https://www.padsplit.com/host-resources/news/why-padsplit-is...

I start off all my rentals as STR to build up reviews and then covert them to midterm.

Also from what I've read online breaking into the insurance side of things sounds like it requires cold calling and building relationships with those reps vs just registering property in database and waiting.

Now, each lease will be unique, so you can't apply this across all commercial leases, but commonly, LL is responsible for exterior and structural components, while tenant is reponsible for any interior items.How to best explain this: honestly, I would request the tenants have their own legal counsel review their respective leases.  

I plan on splitting this land into two 1.5 acre lots as there is enough road frontage, but I'm concerned that someone could show up and want to start drilling in the backyard.I think someone wanting to drill is unlikely for the following reasons:- the original owners are probably dead and the ownership is split between inheritance to multiple people- the lot is too small for them to mess with- there is only a single active well/pump within 30 miles from what I can see online.

That's interesting @Adam Windham as one of our portfolio lenders also uses my projections based on market reviews.