Looking at my first two commercial properties tomorrow (a 13 mixed use unit and an 8plex). 

If it wasn’t in California I’d live there tomorrow.

I can get an equity line tomorrow from my banker for 80%LTV, only closing costs would be $160 appraisal fee per unit and attorney fee but the rate is prime which is currently around 8.5%. 

UP-SIDE: If you pay $900 to evict and they move tomorrow, than you can start collecting rent on a new GOOD tenant that much sooner so it is not money wasted, you can still break even.DOWN-SIDE, you do nothing and they don't pay, then you still have to evict and then you loose another month or two of rent.

Ya I will be going to open a business account under my llc tomorrow.

As such, I just enrolled in the program and am starting tomorrow.

Cut Fed spending 50%, now not eventually, NOW, tomorrow.

I have CPA but he is very conservative and I believe I am not getting full tax benefits But neither me nor my wife qualify for real estate professionals I will call you tomorrow ThanksJagan

I’m happy to jump on a call with you tomorrow to go into details with you.

Airbnb might change their rules tomorrow and require you to be an owner.