Sellers may struggle to mentally shift from "owner" to "tenant," which can create challenges with boundaries and property care.Security Deposit:If you’re doing a temporary leaseback, be sure to collect a substantial security deposit to cover potential damages and ensure they vacate on time.

Daniel,If its something you really like from all accounts, get with an inspector and property manager to give their thoughts on the area, condition of the property etc...

Most traditional property managers don’t handle this setup due to challenges like managing tenant disputes, coordinating overlapping move-ins/outs, and the risk of Fair Housing violations when selecting tenants.

Property has three commercial fronts and 3 apartments.

You'll have tenants that don't pay, damages made, and potentially other disasterous situations occur on your properties. 

High-end properties might require a white-glove approach with customized services, while more modest properties may prioritize affordability and efficient communication.

This year for 2025 my wife and I have made it a goal to improve our financial literacy to purchase another investment property.

So the property owner can never sell?

You do not need separate checking accounts for each property if the ownership is the same.

That means only the investors are on the hook for the damage to credit.