Auburn is historically a low income neighborhood, with a mix of some UC students as well.

Rent the property and take out a 30 year fixedI'm looking for a mix of cash flow and portfolio growth.  

Mixing them up makes it hard to follow and mistakes more likely. 

I recently did a walk-through of a mixed-use commercial property in Cleveland, OH and found out the property is designated as a landmark building with the city.

I was looking at a mix-use commercial property.

I hear mixed comments on purchasing rental property with an LLC?

I do a mix of short and long term rentals for a balance of increased cash flow and stability in an appreciating market.I would also consider lending that money out for someone else to do the heavy lifting on solid deals and make a healthy return.

So here is why I’m thinking this is a good idea:1) We get to reduce the SE tax by drawing a wage.2) We would like to max a Solo-401k for my wife, my understanding is that the 25% employer match would also not be subject to FICA or SE tax.3) The company could potentially contribute to an HSA account, again not subject to FICA or SE tax (I’ve heard mixed things on this).So now what I’m wondering:1.

Start looking up commercial/mixed use developers/owners in your area and reach out as someone who wants to learn. 

In the same boat here in PA, leaning toward mix of private money/cash to get started.