The assessment process for commercial properties often involves evaluating the property's income-generating potential, which can lead to higher taxes than residential properties.

Running one AirBnB out of a studio apartment or mother-in-law suite is a great way to live for free and potentially cash flow.

Currently, with your layoff situation, you have the opportunity to concentrate on market analysis, studying trends, rental needs, property values, and potential value growth.

I bet that electric bill will be HIGH with that put in.

What they did not realize is that if you want to sell the property after purchasing you first need to perform a quiet action title to clear the title or else the previous owner could potentially come back and attempt to cloud title.

@Vicente Hernandez, Kudos to you for looking for ripe markets to grow.  1031 exchanges are still comparatively rare compared to the number of transactions that potentially qualify. 

MISCELLANEOUS: Seller agrees to allow Buyer to potentially utilize partnerships, joint ventures, the multiple listingservice, and/or novate this agreement with no change to the price or terms of this transaction.

When you say long term game, I will keep the gas stations (it will take long to completely wipe out gas phase) with a potential to stream into multiple different source of income.

Navigating STR regulations can be challenging, and I'm considering potential locations in Vermont, Rhode Island, and upstate New York, specifically around Syracuse or the Jay area.

And you are right, it is a big risk betting on the appreciation.Our strategy to wait to buy the bigger house originated from the multiple factors (interest rates, inflated prices, no need for moving just for elementary school and unstable professional life).