It's about the right location and providing a unique experience while navigating the regulations.

@Jim L.Ask an agent - this is impossible for anyone to give you any type of legitimate response on this forum with information provided

You had previously provided me information about an attorney you recommended, I reached out on bigger pockets and have not heard back.

There isn't the same level of regulation or scrutiny as with residential lease options, which are subject to specific tenant protections.Flexibility: Lease options can provide flexibility for both parties.

Here are some considerations for commercial real estate:Higher Income Potential: Commercial properties often generate higher rental income compared to residential properties, especially in prime locations.Longer Leases: Commercial leases tend to be longer (5-10 years or more), providing more stable cash flow and less frequent turnover.Tenant Diversity: Depending on the property type, you can diversify your tenant base, spreading risk across multiple businesses or corporations.Market Dynamics: Commercial real estate can be more sensitive to economic cycles and local market conditions, requiring a deeper understanding of business trends and tenant industries.Purchasing: Generally, commercial real estate will require 20% down.Choosing Between the Two:When deciding between commercial and residential real estate, consider these factors:Investment Goals: Are you looking for steady rental income, long-term appreciation, or both?

(IRS provides tables to calculate the amount(s) based on your life expectancy each year.) 

Before moving forward, I'm seeking advice on the best next steps.Contractor Estimates: Should I get a contractor to inspect the property and provide an estimate for the repairs?

Networking with local investors can provide valuable insights and potential mentorship opportunities.

The thing about partnerships are they are never 50-50, but everyone has to pretend they are and both parties thinks they are the one providing 60%+ percent of the effort/results.

I've discovered that their associates are based internationally, and the phone number they provided (310) is a fake Skype number.