Hi All,I own a few single family houses but am interested in purchasing a commercial property without beds eg retail, warehouse, flexspace.

A recent client of ours owns a home in Valley Stream and also has a STR in the Catskills (Napanoch).

One of the principal industry concerns about the vast power granted to the Consumer Financial Protection Bureau was that these powers were too insulated from review….The ruling sends a crystal-clear message to federal agencies that their powers are not unlimited…We would not be at this point today if government agencies were more prudent and consistent about staying within their statutory authorities, grounding their rulemakings in empirical facts, and heeding appropriate procedural safeguards…Instead, too frequently, our regulators appear to be chasing headlines and short-term political wins.”National Association of Homebuilders - “Today’s Supreme Court ruling is an important step forward to advance meaningful regulatory reform because it means that federal agencies can no longer continuously change the law – and the intent of Congress – by implementing their own interpretation of statutes as long as the interpretation is viewed as being ‘reasonable.’

We figured that he may be rushed in to the hospital one of these days and not be able to live on his own and that we would get the rental back so we can fix it up.

I'm guilty of this to a fault at times, prioritizing other peoples families over my own even..but success takes sacrifice and top real estate professionals are generally rewarded for their contributions to protecting and providing for their clients.

BUT think about all the other advantages owning a property has. 

The really simple answer to this question is this: the vast majority of Americans are too broke to pay attention, much less pay their own broker.

My own ceiling fan is perpetually on in my office where I spend most of my time, so I can understand.

A friend owns a good cash flowing low income Multi family property in TX.

I told my tenant that the contract is between us and as long as she pays rent on time through charity or on her own, I don't mind but I do not want to be involved with a third party.