I couldn’t refinance without a renter in there  Probably shouldn't have sunk all your money into it then.Just sell it, take the tax hit and go buy something else if this is not going to be a money maker.

I have a 4 and 5yr old and I could imagine them painting in back of the painter with their makers 🤦🏻‍♀️ Can someone please give me a idea of how it works or am I overthinking things??

Is there other stuff I'm missing, and can those things really add up to an additional $600K to make real estate the better investment?

Those are the real money makers!

So I reviewed my stats at our current market and noticed we talked to only 60% of the decision makers on our list.

Meaning lots of more upgrades and developments are planned and approved coming to this area.I want to own the real estate and run the business to expand our existing profitable restaurant operations in the area, our current restaurant model is actually the same theme as the one currently here, so it would be an easy transition over to the new management and name, with the long term view to possibly redevelop the building into a multi level building years down the line.The business has not been managed effectively over the past number of years and has room for at least 30% growth in revenue immediately and upon takeover.With our hospitality experience in this area managing and operating successful food and beverage operations, we have the recipe for success to operate this new location, where the limitations placed on us by our currently outgrown restaurant will be satisfied with more indoor and outdoor space, a larger capacity kitchen indoors and a new kitchen on the terrace to keep up to pace with our restaurants customer demands.

However, Now with Schools, Bars and Clubs ( where people are in door and in close proximity) opening up and consequently clusters of Corona virus infections showing up, may be another shut down looming over our head ?

Does adding increased security measures to my property (i.e. security cams, code locks, etc.) make renting more attractive/profitable?

Cons: Not only decision maker, "riskier" since more leverageTaking a partner would be an ok idea too.

Piss and shiet, holes punched in door, massive spills on carpet.Yeah, they had the money, but they were pigs.I firmly believe if I had brand new carpets, they would be trashed...