For now, staying local allows me to leverage my property management experience—most of which came from working directly for family and close business associates who were property managers, contractors, and business owners.

As you delve deeper into the world of real estate, staying informed and adaptable will be key to achieving your financial goals.

I've 100% focused on Adaptive Reuse of Class B Industrial Space. 

Just be prepared for a learning curve and stay adaptable to new challenges.

Only a few can persist in the long term and adapt to this uncontrollable situation.

Hey Deirdre,To address your questions:Providing freedom by handling day-to-day operations.Offering peace of mind through proactive maintenance and tenant communication.Reducing risks by staying ahead of legal requirements, tenant screening, and dispute resolution.Enhancing the bottom line by identifying cost-saving opportunities while ensuring tenant satisfaction to reduce turnover.Is the experience still important when the property thrives financially?

The term ADAPTIVE REUSE 2.0 is not a new concept but a new focus.

It is in an enclosed gate area that can only be opened from inside the fence so I'm leaning away from using it as storage space while I have other guests staying there.

Couple is splitting up and one is wanting to stay. 

Here is a solid example you can adapt for a joint venture (there are differences, beyond just nomenclature, for a partnership and a joint venture): https://templatelab.com/joint-venture-agreement/Again, I would caution use of this document without a professional to review it.