Another one might be I want to risk less money on the first deal even if investing out of state is more difficult and I need landlord friendly laws so my mistakes are less expensive.

If this property had been in one of the areas zone for more density they would surely have done a normal "Seattle six-pack" of 0-lot-line townhouses but instead they short platted 2 lots to still in effect end up with a six-pack even though in an area not zoned for it, at the cost of having to sell units as condos and deal with other ADU limitations (e.g. 1000sf limit).In 2023 the State mandated Seattle-style ADU regulations across all urban growth area cities/counties, going even a bit further (2 of any combination of attached/detached allowed).

Perhaps it is different when it comes to commercial real estate versus residential, but if you are going to renovate a SFH or even a MFH, you wouldn’t pay more for it because you plan to improve it - if anything you pay less?

We are super excited and in the process of purchasing a home to turn into residential assisted living space which our community desperately needs.

And your heirs will always be grateful for the tax free legacy of wealth you left Them.Post being - Deferring tax on real estate is even more powerful than investing in a tax deferred IRA or 401K because there are several off ramps to eliminate the tax throughout your entire life - and beyond.

The northern coast including bayamon, (the capitol and major flight entry) San Juan and even more east to Carolina is considered Area metro or (metropolitan area)Originally posted by @Anthony Santos:@Justin Ceballos thanks for the great advice, ive traveled for most of the island but honestly the only time im in the north is when i land in san juan.For the most part i stay in the southern part of the island from cabo rojo to humacao.

They may even help you with arranging contractors, verifying market prices, and more.Start by going to www.narpm.org to search their directory of managers.

Before you consider whether to finish this rehab decide whether it even makes sense to do it.

Even then it’s probably a bad deal.

Hire a good property manager like @Jackelyn Lee if you need assistance.