Another issue is the gas station includes a liquor store so opening a new company to buy out business would mean losing the age of liquor license which may be beneficial in the future if they pass a law on permitting more liquor licenses to existing holders. 

Thanks Adam .This is great .Will do what both you and John suggested .I am hoping the bank uses a third party appraiser.I assume there would be laws against them using an “in house “ appraiser..I just know they’re not going to want to gibe up getting that $250 a month from us ( PMI).Much appreciated -Christian 

So I’m not going to suggest that you break the law for your own gain.  

It's the same on the Jersey coast where my in-laws had a house for decades.  

Changing whole buildings over isn't always practical (or prudent) and we will be running buildings profitably with galvanized pipes in the walls for the rest of my career. 

The checking account will draw against and pull from your line of credit to deliver your funds assuming your line has availability still (debit to line and a credit to your checking account).I’ve experienced , utilized, and have monitored how these tools work for over 10 years+ in practice and operation. 

Looking for some advice on areas where the landlord laws are friendly.

My wife and I are currently starting out real estate journey. 1.5 years ago we bought a dental practice, and last year we purchased our dental office building priced at around $2M with $500k in equity.

Every state has different laws around how tax sales/liens work, and counties within the same state may have different quirks or peculiarities in their process even if they all follow the same laws.

Plus, its worth noting that no Retail Priced property will be at a number where you're going to get the benefits of investing (cash flow and equity)What is working now is looking for single family with accessory units or mother-in-law suites, or duplexes.