Of course, I could just be overly concerned and this is just a kind ol' investor trying to pay it forward.

It’s tenants that you should be concerned about.

There are plenty of commercial buildings in Phila but they have 2 main concerns which deters investors.1.

Our concern is how can we be sure of the rate that is seen on the statement is the rate it was rented out too, when we don’t get to see the actual booking?

My main concern is how to avoid activating the due-on-sale clause when transferring the deed.

If you’re hesitant about listing on the MLS due to the slow market and concerns with a traditional realtor, consider off-market options like investor networks, Facebook groups, or BiggerPockets forums where buyers specifically look for properties with income potential. 

https://www.biggerpockets.com/...The real threshold questions are: do you have Japanese permanent residency? 

They will let you know what you can and can't do without a permit and what you are able to do yourself within the scopes of those permits.My concern is because this is a rental, if you do anything that is not to code and the tenant reports it, you will likely have some much bigger issues to deal with.Given you note this is major rehab, I tend to lean to hire most, if not all, out. 

I have been trying toe get a list of the IRS discriminate function indicators to no avail so I'd like to know how you can say that home office no longer concerns IRS.I was just making the note that broad stroke for everyone to add spouse, kid etc to create a partnership has other considerations people need to be mindful of as well. 

Many of these buyers purchase properties in cash, meaning they are not concerned about monthly mortgage payments or short-term cash flow.