Spruce the place up and find a new, qualified renter at market rate.Don't forget to update your lease agreement.

Hey Jerry,You are definitely in the right place, there’s a multitude of lenders that could help you out.

Bigger Pockets is a great place for education and networking. 

Commercial properties can be lucrative, but the financing/underwriting required from lenders is generally more "conservative" relative to residential and usually have higher interest rates (unless you have a "rock star", long-term commercial tenant in place) and generally require more equity from the borrower compared to residential.

Although, I would definitley prefer placing my first property under my belt before then if it's possibleThank you !

(I recently saw an article in Forbes talking about the Bay Area’s shifting market) And if you aim to hold properties long term, keep your eyes on towns around the Bay that have had consistent rent growth.Here in my home market of Phoenix, I see investors branching out to places like Austin, Chicago, and even Omaha from what Ive heard because they recognize how trends can shift quickly.

It worked out well, but not without its challenges, and I learned a ton along the way.How to find a partner: Meetups and forums like this are great places to start.

I have the details in place, but need to make sure I fit within regulatory and accounting laws.

It’s actually not too bad of a timeline for the Bay, but was still incredibly frustrating for us.He also was living in filth and really trashed the place.

I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.