I'm having trouble finding a tenant that I feel comfortable leasing the space to.

- Insurance policies (some may not cover rent by room)- Friction among tenants regarding common spaces

If they give you push back, tell them if they are not ok with you doing work inside while they occupy the space then you won't be moving forward with the work as you are not obligated to complete cosmetic upgrades.

After 99 Cents Only filed for bankruptcy in April 2024, 28 stores in Phoenix closed, leaving 632,900 square feet of prime retail space available.

Learn that space and you'll be drowning in opportunity. 

This is because losses in a Partnership LLC are generally considered passive or non-passive depending on your involvement, and the structure of the LLC can provide more flexibility in how losses are handled."

To reduce your tax bill, consider qualifying for Real Estate Professional Status (REPS) by spending 750+ hours on real estate activities, which reclassifies losses as non-passive.

The tenant actually just moved in and per the lease they're responsible for washer and dryer, but their installer couldn't install the washer due to the non-functioning drain pan. 

Quadplexes will fall under residential financing, while larger units will move into the commercial space.

Given the high demand for industrial space, especially near major interstates, this could be a smart move.