Building a relationship with tenants is important like others have mentioned.

So in less than 20 years you have to give the building back to the government?

You should be able to build this into your cleaning fee. 

Home includes 2 lots so potential of building other home next to it someday.

The networking and local market insights are invaluable.For retirement planning, focus on building steady cash flow and consider setting aside a healthy maintenance fund (I usually recommend 6 months of expenses) to protect against any surprises.If you're looking to expand your portfolio, Columbus is a great market where we still see positive cash flowing deals with lots of appreciation potential.

Hi, I’m highly considering a mixed use building which includes a few residential units and a couple commercial units.

Invest with syndicators who have a narrow niche and proven track record.For example, if an operator has done 5 or 6 workforce housing value add deals in Dallas, and they are offering a similar deal now, that would be encouraging.if however, their current deal was a brand new luxury Class A building in Charlotte and this was their first acquisition in Charlotte and their first class A deal, as an LP I would pass.Find operators who do one thing and kill it in that space.Find operators who own or have gone full cycle with similar assets in the same market.For example, my firm, Spark Investment Group has a very narrow niche - sub 100 unit MF or BTR in Greenville SC.

This will let you build some relationships and know who is who.

If you do land one in the off season, build in 2x as much vacancy as you think or about 20% less rent than market for the first year.

If you’re looking to build long term wealth, accumulate assets, take advantage of tax code, and benefit from appreciation, then play the appreciation long game.