Investing in LA begins with your own abilities as an investor.  

My largest concern is the ability to reduce vacancy.

For landlords, lease options can attract tenants who are committed to the property and may take better care of it.Commercial Property Considerations: When considering a lease option for a commercial property in Texas, ensure that:The terms of both the lease and the option agreement are clearly defined and legally binding.Both parties understand their rights and obligations, including maintenance responsibilities, payment terms, and conditions for exercising the option.Consult with a real estate attorney to draft or review the lease option agreement to protect your interests.Here are some things that may help you form a pros and cons list going forward:Advantages:Potential for higher rental income due to the option premium paid by the tenant.Attracts long-term tenants who may eventually purchase the property.Allows flexibility for both parties in uncertain market conditions.Considerations:Ensure the option fee and terms are fair and reflect the property's market value.Understand the financial implications and tax considerations associated with lease options.Be clear about the tenant's ability to exercise the option, including financing requirements if they decide to purchase.Lease options can be a viable strategy for commercial properties in Texas, offering flexibility and potential benefits for both landlords and tenants.

Rest assured, we have done many of these loans in the past, and I am completely confident in my ability to help your future buyers.

You’ll then have the ability to produce LOD’s and a myriad of other drawings to get this approved by each jurisdiction and department.  

Best is Mojo, they have a power dialer for 3 calls at the same time with ability to drop voicemails.

. - Feasibility & Permit-ability: If you know where to look you can still secure a STR permit in most cities or counties from Brookings to Astoria.

I'll be walking the property later this week and will have a better idea of the condition.So it sounds like if it's in good shape, it shouldn't impact my ability to flip it?

Dealing with that on a local level where you have eyes on the project and the ability to deal with issues early and if needed legally is 100 times easier than doing it long distance. 

Also  beware that  paying a large loan fee  may affect the lenders  ability to do the loan.