Employee Management: Given the absentee nature of the business, how do you ensure quality staff performance and customer service in your absence?

There's been talk of how these will intersect and it's already happening in some spaces and I'm not talking about Metaverse Real Estate (Although I think some of that will make some people VERY wealthy).I'm talking about real physical real estate providing access to crypto investing and returns, and here's the crazy part...It has the potential to offer all the great things real estate does like depreciation, hedge against inflation and cash flow, all while exposing you to the high reward of Bitcoin's upside and decentralized nature. 

Hi Matan-Great question.I work with many physicians in California.The thing to do is find an investor friendly Realtor in the area you wish to invest.I am based in Ann Arbor, Michigan.

Based on the above projections I receive, I then "run the numbers" to see where I project to end up each month. 

payment based on performance?

You'll likely want to start with reviewing the requirements under Prop 19 for retention of the base assessed value when adding a child to title, and also look up the rules for a basis step-up at death. 

Considering your facility will cater to a wide range of storage needs, including RV/boat storage, semi-truck parking, container storage, and contractor yards, the name should encapsulate the comprehensive nature of your services.

Here's a case study that would be dismissed based on your criterion:-Asset: Mix Use 11 Unit Building-Contract Price: $1.73M-Existing Rent Roll $15,800*Currently 1 vacant commercial space market rent $5,500 & 9 apartments all leased below market value (60 day termination provisions for each residential lease). -$650,000 Renovation Budget-Stabilized Rent Roll $25,400-"As Complete and Stabilized Value": $3.45MThat's a recent MLS deal in a B+ Philadelphia location with a credit tenant that's been there for 20 years in the occupied commercial space.

If you are going to do this type of business make sure it is in an area you can visit or make yourself familiar with, you have someone that is representing YOU at the table like your Attorrney, and you don't make decisions based on "we need to wrap this up". 

@Katie BustosWhen you buy a home with a rental unit, like a garage apartment, how you're taxed can change based on how you use the property and if you rent to family or others.