Calculate 1.25% times sales price for taxes and .4% for insurance these are ongoing and forever.

It's easy to obtain, costs very little, and doesn't require additional, on-going effort to maintain.

I'm out of state and was not planning on going to see it - I wanted to just analyze the numbers and have my agent look at it and take pictures and give me his opinion. 

Its true that there is a big push in the past 6 months for hospitals to decrease the use of contractors, but ultimately there are unique dynamics at CMMC in particular that will create an ongoing need for temp workers.  

There is an ongoing effort by the state  to revitalized communities and incentives for companies to bring jobs to these distressed  communities. 

If the odor is not properly mitigated that will cause ongoing problems.

I'm better with the renovation and project management, less good with customer-service and ongoing maintenance.

Pros of Commercial Real Estate:Higher Rental Income Potential: Commercial properties typically command higher rental rates per square foot compared to residential properties, leading to potentially greater cash flow.Longer Lease Terms: Commercial leases are often longer in duration than residential leases, providing more stable income and reduced turnover costs.Triple Net Leases: In some commercial leases, tenants cover property expenses such as taxes, insurance, and maintenance (Triple Net Leases), reducing the landlord's financial burden.Diversification: Including commercial properties in your portfolio can diversify your investments, spreading risk across different property types and markets.Professional Tenants: Commercial tenants, like businesses and corporations, tend to be more professional and stable than individual residential renters.Cons of Commercial Real Estate:Higher Initial Costs: Commercial properties typically require a more substantial upfront investment, both in terms of purchase price and ongoing maintenance and improvements.Vacancy Risk: Finding new commercial tenants can take longer than residential renters, leading to potential income gaps when properties sit vacant.Market Sensitivity: Commercial real estate values can be more sensitive to economic downturns and market fluctuations, posing a greater risk during economic downturns.Complex Leases: Commercial leases are often more complex than residential leases, requiring a strong understanding of legal and business terms.Limited Residential Experience: If you're new to real estate investing, starting with commercial properties can be challenging without prior residential real estate experience.

It's easy to obtain, costs very little, and doesn't require additional, on-going effort to maintain.

I imagine for the next 6 months to a year this is going to be an ongoing issue since we already don't have a lot of turnover in San Diego with inventory.