Purchase price: $1,300,000 Cash invested: $260,000Brusly Commons Retail Center11,000 SF retail center located on Hwy 1., which is a major LA State Highway with heavy traffic.

The first step is always reporting to your local police department and getting a document that states that any unauthorized visitors will be trespassed immediately-- but in my experience, it takes more than just this to get the squatters out.

To provide an example, I was previously employed in the legal department of HHM, which at the time was a an affiliate management company of a publicly traded hotel development/operation company where we managed  the portfolio of  hotels as well as provided 3rd party management services.

We have offshored our reservations department and have them assisting with reservations related administrative tasks but I believe you will still be extremely involved in the day to day without a PM company. 

Near necessity based retail, etc.  

I leave near Baltimore MD and I have heard horror stories about the tenants AND the section 8 department.

Retail buyers are picky.

I have come to find out that every city,county and state have different rules/regulations when it comes to starting group homes.Research your local city zoning ordinance and reach out to your local county human services department for more information.If you have more specific questions you would like to ask feel free to reach out and I'll try to answer to the best of my ability. 

Often times, brokers get better pricing than working directly with the retail channel.

Hi Tony:The best way to handle is to visit the city planning department which zoning is usually part of to see if a variance is granted, and examine the plans filed.