Risk Tolerance: Commercial real estate often involves larger investments and higher risks, but potentially higher rewards.Expertise and Resources: Commercial properties may require more specialized knowledge in leasing, property management, and market analysis.Market Conditions: Local market dynamics, including vacancy rates, rental trends, and economic forecasts, should influence your decision.Ultimately, both commercial and residential real estate can be profitable investments when approached wisely.

@Zachary Sales While 10 days sounds like a long time, let's not jump to conclusions.We've had issues where tenants claim they've moved out, but then want to come back to get personal possessions at their leisure.

(Also, the self-directed inherited IRA could hold the real estate it purchases in an LLC.)True, you can't get the special benefits available to a surviving spouse who inherits their spouse's IRA -- e.g., treating the IRA as their own, doing a "spousal rollover" to a new account, and not being required to take minimum distributions until their required beginning date.

Unless you and your friend are handy yourselves, it's best to talk to contractors who specialize in mobile homes (in their respective areas of expertise) to find out exactly how much it's going to cost to fix up the home.

Did you need to zone your property differently or do anything special to make the sale? 

The credit has to be rebuilt and there are special ways to do that, which make it go faster for the borrower. 

the condo HOAs are responsible for it not you as an individual. the newer the development the better. a lot of the older associations are worse and are having to do special assessments and pushing condo fees way up.

HMM never heard of that regarding criminals  https://calcivilrights.ca.gov/wp-content/uploads/sites/32/20...Using CA as an example:- not allowed to place a blanket ban based on criminal record- are not allowed to access certain forms of criminal records (arrests, post-trial diversions, sealed expunged records)- you are technically allowed to access conviction data and use it, but your interpretation of that data must comport perfectly with how CA wants you to interpret it (must have direct bearing, must have been recent enough etc)- even if you follow all of this perfectly, accessing the criminal records must not "have a discriminatory effect" so if certain special people are impacted you are still looking at liability.As a result of this legal minefield many just decide to forget looking at criminal or to find some other criteria.

As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and handling multi-entity structures.

Because construction is like herding cats, financially and time wise.Your architect never mentioned this special ceiling requirement?