The ONLY reason this opportunity will not be pursued is because of the potential lack of appropriate property management.

I am working on rehabilitation of the bathrooms, kitchen, wooden floors, and new roof in the spring.

@Isaiah Elysee, aside from private lenders/investors, it's pretty much just commercial loans.Terms vary widely, but expect to have to put down 25-30%, plus show appropriate reserves.

We can offer the best company for the lowest price that most appropriately suits your individual needs! 

I’m just curious if anyone has insight into when it is appropriate to “connect” with someone on here?

I want to protect myself from any damages if they accidentally bump the garage door, or the other tenant's vehicle, but I also am not sure if it's accurate to use my regular tenant's lease, or if it's appropriate to ask for a security deposit.The spot is going for $200, and with my leases I normally ask for a security deposit equal to 1 months rent.I've heard of a storage space lease, but I don't want this to be used as storage as I cannot provide additional security beyond a door lock, working lights, and closed garage door that the tenants are responsible for closing. 

I'd say align yourself with a mortgage broker that can assess your situation and funnel your loan to the appropriate lender.Best of luck and welcome to BPStephanie

I find it rewarding to help my clients along the process and make recommendations of what is appropriate for them in the investing or home purchase journey.  

Currently I am a owner and operator of a long term facility that treats and rehabilitates individuals suffering from drug and alcohol addiction.I am now looking to shift my focus from the day to day operations of my business and jump in to real estate investing.Additionally, I am working to obtain my broker license as a means to support my goals in real estate investing.I am partnering with my brother, close friend, as well as a mentor to begin this new journey.I look forward to networking with many of you. 

You may want to make it clear that you expect the fluids be recycled appropriately.