Second, you need to have separate business accounts for each entity.

@Scott TrenchJust my 2 cents but I am Not sure either one of these has enough juice to stand on their own - notes would be most similar to private lending if they were to be broken up.

We also wouldn't have been able to relax early if we were in the hospitality business bnb-ing or midterm renting it out.

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?

My question provided no insight into the success of my current Cloud consulting business or my general business knowledge.

I came across a random podcast talking about FL's market crashing due to inflated cost with too low of a demand, along with refusal to cover storm/hurricane from insurance agency ( I admit I haven't researched the truth behind this one), assuming it pushes owners/investors to go to private thirds at a massive premium.

I am assuming when you say partner its business partner and not married :) 

Admirable but mixing philanthropy and business is a recipe not suited for most on this forum running a small business is challenging enough.  

I'm invested in a property near the Grove that's executing that business plan now.At a simpler level, that might mean buying a house with a garage, converting the garage into an ADU, and renting out the ADU.I think a super solid first step to get into the LA market is to househack a home or a multifamily.

A local bank, private equity, or certain lender may let you get more after that.