Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

The building is effectively 50% commercial and 50% residential (both in SF as well as projected rent roll).

It is in an A location however,  a large apartment complex is being built right next to our neighborhood currently.

Hi.I have a teanent which she didn't pay the rent for the July.

It is free and located in all 50 states.

Seems like you know the answer and need confirmation (and I am typing this from a 3/2 beach block condo in Wildwood Crest.)At 25% down purchase, even renting 12-14 weeks you would negative cash flow $3-5k month when you consider the many layers of expenses and the current rate environment.

And if you have a property and a loan out there, and you are cash flow negative because a recession hits and rents are dropping, AND values are ticking down month after month, how long are you going to fight through, especially as a newer operator, before you call it quits, take your lumps, and move on.At the end of the day, there is money out there.  

Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.

For example I had my GC purchase paint, countertops, and flooring using his connections who worked at those locations to get a discount.

So...maybe leverage the land and the home then rent out?