My partner's family owns an STR, free and clear, worth between 1.8-2 million in a popular vacation destination.

I have contemplated doing a conversion like that with existing warehouse or office space but I am extremely new to commercial real estate investing and I think that is beyond what I'd like to tackle in the beginning.

I may have misheard but it didn’t sound like commercial loans either- it sounded like single family investor owned properties.

Please comment, and feel free to add me on Bigger Pockets or my socials Even with the outcome of this project, I still love this game and believe it is the best vehicle to retirement 100%!!

Nine months ago I had a property with two residential units and a commercial space, fully rented and humming along.

Thats basically a commercial business loan...just for farming instead of running an accounting firm. 

If you are free after 230p, find something else real estate related to work at for a handful of hrs a few days a week and stockpile that cash.Lastly, NJ is a great market and there are multiple spots in south NJ that #s still work and aren't completely in War Zones.

I have two good PM options in Dayton, feel free to DM.

By educating yourself with the free or low cost (books) Info available.

Because it’s commercial on the bottom and mixed use on top, I’ve got nothing to compare it to.