Conduct thorough due diligence, including property inspections and financial analysis, to ensure it aligns with your investment goals.Property Management: Since you'll be living in one unit and renting out the other, familiarize yourself with basic property management practices.

As many have pointed out, it's important to conduct thorough research when choosing the location for your vacation home.

.- Home Inspection Contingency: Include a clause allowing the buyer to conduct a professional home inspection within a specified timeframe.

I will not be conducting any business in MA just collecting checks as I will have a property manager managing the property in NY.

What is vastly different between US and other developed country area) the tendency of suing between people or enterprise, this create almost every industry has noticeable legal fee/lawyer fee when they conducted a business and punish the consumer at the end.b) the power of private enterprise to create regulation and influencing goverment decision which at the end creates oligopoly structures which dominate how the government react to particular industry (well you can say lobbyst).c) the dependencies to technology (without good understanding of its technology)d) the overcomplicated tax and building code , which at the end creates more profit  to big corporation only.These are the fair point in my own thinking why commision is high , especially #2, it's just the "realtor cartel" push that agenda to public and gov ; and since gov is part of private enterprise too, they just accept it LOLAmerica is one big giant corporation executed by Exxon,Apple,Microsoft, Blackrock, Blackstone, Shell , Lockheed and AIG  whole industrial powerhouse LOL :-) what you see in TV if they seems fighting is just a drama lol

.- Be Clear: Define all terms clearly in the agreement.Mistakes to Avoid:- Incomplete Due Diligence: Conduct thorough inspections and financial analysis.- Unclear Documentation: Ensure agreements are well-drafted to prevent misunderstandings.- Market Trends: Consider future market impacts on property value and income potential. 

Also another reason people can need to pivot from utilizing conventional loans is their DTI gets capped or they are self employed and thus despite having ample liquidity to conduct the transaction they’d trying to do, can’t document income to the lender’s standards.  

They can help structure the deal, assess the financial feasibility, and connect you with potential investors.Due Diligence: Conduct thorough due diligence on the facility, including financial records, operational history, regulatory compliance, and potential for growth.

My lease says we have a right to enter at reasonable hours to conduct repairs, inspections, etc. 

If they are on a MTM lease, you can terminate now with proper notice, as that contract renews monthly.The RIGHT way to handle this is to issue a legal notice to terminate as soon as you are able, and continue to conduct yourself in a professional manner with this tenant.