I have a potential tenant for a residential home in Mesa AZ who wants to use the rental property as a group home.

Learning how to analyze potential returns, cash flow, and profitability is essential to reaching for your goals.

Your insights and advice on the financial implications, potential hurdles, and lender considerations associated with this approach would be immensely valuable to me as I navigate this decision-making process.Thank you for sharing your expertise and contributing to this discussion.

However, it's essential to consider other factors such as the potential for future appreciation, rental income, and overall investment goals.

So, that can potentially limit your buyers when/if you go to sell. 

I am currently booked about 2-3 months out with a potential 3-4 months for the studs rehab project in the works.

Try looking into zillow/Redfin and see what your potential rents you can get near the neighborhood by filtering the bedrooms/bathrooms of the intentional property that you are planning to buy.

Looking to potentially sell or 1031 that eventually.

If it's an (A) location you do not need 1.5 years especially to land a franchisee restaurant tenant.When I look at a property I look at the current value, the dark value, and the re-potential value.Lot of commercial developers sell off marginal tenants at market rents.Example me buying a Wal-mart with 10 plus years left at a 7 cap is way different than trampoline or workout place at a 9 cap.On its face the 9 cap may be appealing but then you find out for that box size the crap tenant is paying 1 dollar below what national tenants pay.

It might be more of a headache than potential.