For due diligence, since you're new to industrial real estate, it’s best to engage a third-party firm that specializes in property assessments or partner with an experienced investor.To structure your involvement, if your spouse is a licensed agent, she could act as the buyer’s agent to earn a commission.

You are just starting out. you want to invest out of state, not locally.You want to skirt/evade the law.You want to engage in a rent model that requires a hands on referee at all times, remotely.You want a rent model that has strangers living with each other, raping/murdering/stealing from/harassing each other, without any ability to intervene.  

I recommend staying engaged with the forums and podcasts to keep learning from others' experiences.Given your success in short-term rentals, consider focusing on that niche initially.

Those that are truly committed to learning and open to engaging I have seen make the most progress.

I don't even want to circle back with the lawyer I originally engaged as I was not impressed with his support or follow up.  

(b) A person selling or offering to sell an option or assigning or offering to assign an interest in a contract to purchase real property without disclosing the nature of that interest as provided by Subsection (a)(2) [to a potential buyer] is engaging in real estate brokerage.

As I embark on this journey, I’m eager to learn more about the local market, connect with fellow investors, and engage with the vibrant community that makes this city so special.

Thank you, and I look forward to engaging with you all in these forum posts and potentially in business. 

I engage in long-term residential rentals, triple net leases, and short-term rentals, each of which has its own advantages and disadvantages.

Anyway, I need to engage a good RE attorney to negotiate with the bank on my behalf.