If you get licensed as an agent, you can represent them without this being a problem.The other option is to actually buy the property and then resell the property.

I also want to get into rental properties and I'm chasing down whether veteran SBA/504 is a viable option.

Hi @Sang JiGenerally there are two options 1. 

You will then have a few options with that rent money....you can put it into principal or you can start saving it to purchase yet another property.

If you're considering a significant investment in smart locks, I strongly recommend exploring alternative options that prioritize both convenience and reliability.

I'm unsure how owning this commercial property will affect my financing options for the personal home.

FL is also the toughest state in the country (based on my experience) for reliable contractors.If you don't need a ton of house, you could find a nice option for yourself and try to get a small rental.

I am weighing this option against investing in an S&P 500 ETF in the stock market (historical 10% return).

-Master lease option now, with option upon TODD actuation or some period afterwards.

Since there is not a tenant occupying the property, check your termination options.