My client has dozens of California and non-CA properties.

Hello all, I'm trying to decide on where I want to purchase my first investment property.

I'm asking for 50% on one property and 70% on the other.

Investment Info:Large multi-family (5+ units) commercial investment investment.

They teach us to encourage sellers to list it if they want the most for their property. 

It sounds like you've put a lot of work into this renovation.First, let's break down your options:### Selling the Property- You've estimated a potential profit of $58k, which is a significant return on your investment.- Selling now would give you immediate cash to reinvest or use for other purposes.### Renting the Property- With a projected rent of $1450, you need to calculate the Debt Service Coverage Ratio (DSCR) to ensure it's viable

Security Deposits:The property management charges tenants a "move-in" fee rather than a security deposit.

Not sure if this option for commercial STR coverage is common knowledge among State Farm agents. 

Turning a $55,000 purchase with $65,000 in renovation costs into a property now worth $140,000 shows strong value creation.

I'm spending at least 20-25 hours a week "managing" Suncoast Property Management.