The commercial loan space continues to grow and after my recent experience I fully understand why.

I'm not a CPA, EA, or tax professional, but I appreciate the time and years it takes to practice in this space and I'm a firm believer in paying for good tax advice! 

I'd be happy to connect further and share referrals to others in the space. 

Their house is 2400 sqft; 4 bedroom, 3 bath with space in basement that could be an apartment or be used as a nice Airbnb; it's in a development with an HOA.   

I understand Google continues to push into this space and disrupt the online travel agencies, so the landscape might be changing. 

This determines instantly if a lender will touch it.Another factor: STR financing is getting harder to come by (at least in the DSCR space). 25% of the industry used to lend on STR's, now it's less than 10%.And it being a condo, expect anywhere from 15-25 bps added to the rate.

So, they didn't realize they essentially purchased land that is completely worthless beyond just serving as a green space. 

Renters want new and modern, with as many things to do on the property as possible. 

I am in the MHP space and have yet to do this but there are a lot of owners doing this.

The 315,000-square-foot space in Mission Bay adds to OpenAI’s nearly 1 million square feet of leased space across the city, including properties subleased from Uber last year.As one of the largest AI firms in the world, OpenAI’s expansion is helping revitalize San Francisco’s struggling office market.