That should be about $2 million in liability and will probably cost less than what you are getting quoted for on just that location and you'll be getting extra value with the extra protection you'll be getting on your personal home and autos.

Also consider Condition of roof and mechanicals in your capex/maintenance  allowance. replacing 2 boilers (or hvac), 2 hot water heaters, and a roof within a short timeframe can hurt (speaking from personal experience :)

The LTV, rate and term is going to be based on the type of tenants in the retail space (if they have auto retail etc.) rent roll, the P&L's on the property, the debt service ratio, your credit and credit score, your experience, your liquid assets for down payment, reserves and closing cost and your networth to name a few things.

All I'm hearing is the exact same thing they said about the auto industry.

Try changing up the wording in case they are being auto-deleted by CL.

Thus for me it is being creative and thinking outside the box within this space, which I believe can be done.If I could expand auto debt is where I would go next or (secures) student loan debt

I all ways fix all mechanical  issues  on all rentals .Fact I do stuff that some  flippers on here would not do .Hot water tank that is over 10 year old I change it out .Now my labor cost is very friendly same plumber for 30 years .HVAC units, I will not leave  a run out sled on a rental and hope for the best .I am a long term holder so it makes sense .

So, in order to have some mechanical control over market risk we can improve the location, improve the vintage, or improve the asset.

I’ve been researching the market aswel as I am a recent mechanical engineering graduate of UF.

If I am renting the property then I will want structure, mechanicals, and finishes to be updated, to get a higher rent.