I'm currently in 'reading mode' and absorbing all the knowledge I can right now to try to avoid as many early mistakes as possible!  

That would probably help you cash flow as well... but I would still try to avoid levering up the main practice.One other thought would be that if you do acquire the mixed use property I would hire a property manager to run the mixed use building to witch your dental practice would pay rent just like the other tenants.

Taxation Issues with Lease OptionsSTRATEGIES TO AVOID RECHARACTERIZATION OF A SALE:Where the parties want to avoid having the lease/option recharacterized as a sale, the overall planning strategy is to avoid or minimize the above indicators of a deemed sale as follows:1.

As a general rule of thumb if the collection is more than three years old, it will actually hurt you to pay it. but sometimes it is needed to avoid a judgment (which will really hurt your scores).

Your advisors should be implementing strategies with you that avoids subjecting you to a grey area like this.

The loan would be secured by the underlying real estate and business assets (hearse, cars, etc.) and we are willing to increase the down payment substantially in order to avoid the personal guarantee.

What's the best way to start, what to avoid, who are the right connection business down there?

Anything I need to be sure to safe guard against or avoid in the policy?

Now to find someplace else to spend that cash...maybe on a deep fryer or three...Some before pics posted below.Don't have a great pic of the exterior yet; this one was creatively cropped by the seller to avoid the tarp covering a large portion of the roof..Room where the majority of the smoking was done, apparently:So that's the original carpet color...

@Jordan Rambertwelcome to BP, avoid the expensive seminars and network on BP, best of luck.