That said, I've been seeing the TIC (tenants in common) becoming a popular alternative to converting to condos. may want to look into that as well. none of this is intended to discourage you from moving forward, just some food for thought. 

My clients happen to be transitioning from STR owner/operators to food industry franchise owner/operators.

Can you cluster it and get them to approve retail zoning for strip malls and fast food?

1) Renting garage units2) Additional Pet Fees3) Adding flooring insulation in the upper unit led to improved efficiency and sound reduction for lower tenants.

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Get a modern lease with any missing points (pets, guests, maintenance, landscaping, etc) and the new security deposit.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Easy access to the Shore Acres recreation center and the new middle school.A short drive to the new Whole Foods and the 4th Street corridor.

I'm sure I'm missing stuff here but there's some food for thought.Thank you for your reply > The principal can always be withdrawn tax-freeI think that's where I lose you and the liquidity concern.