Todd, "non-residential" generally means that the property is not used to furnish lodging or in connection with the furnishing of lodging. 

Or pay $80,000 for one you find on the MLS,....when you include a couple of $700 round trip plane tickets, plus food and lodging for a few days each time you end up "paying" $82,000 and get better cash flow.....vs. $100,000 

We could afford a bigger house and luxury vehicles but choose to live well below our means so we can build wealth and retire in relative comfort.

The flooring is all luxury vinyl plank, which was installed prior to the tenant moving in.

So I've read a few of the articles about a Luxury House Hack and hoping to get some feedback from the BP community about the numbers on a specific house. 

Our real estate agency is specialised in selling luxury villas mainly in the Western Algarve and the golden triangle area.

There are several Brokers that offer this type of model in CaliforniaReferral Only company  - a referral only company is the only option if you don't want to pay realtor dues but want to keep your license active and make money referring business. www.LocalRealtors.comRebate Brokerage - for agents who's model is to refund a portion of their commissions back to their clients. 100% commission split model with low flat fee. www.Homebate.comFull Service Luxury Brokerage - Also offers agents 100% commission plans. www.TheLocalRealty.com

I have read/listened to his Ultimate Real Estate Investing course, and luxury home, and probate courses.

if so, then absolutely its worth it2. i believe youre overpaying for this property at 175,000. i know i havent seen it yet, but it seems like youre overpaying. this better be a badass 4/3 luxury condo or something, but if it were, youd be able to charge higher than 1200/month3. before you make this move, take a step back and consider a deal that is simply WAY BETTER that might be hidden away fro your "radar" during all this time. this deal seems like its marginal or slightly better than marginal. why settle for marginal when you could knock it out of the park?

Property and building is used as a Luxury short term corporate apartments/condos that consist of 22 units. 1 unit has been converted in to an onsite managers office and 21 unit 1 br/ 1 bath fully furnished luxury apartments.