The earlier you start in your RE journey, the better off you will be in the future.

In our case the contractor said that it's better for home owner to get permit but because we wanted to move in by certain date he suggested we may have to skip it.

The long twisty roads that go through to another road is better than a dead end one. 

Looking at the rough numbers and we are comparing apples to apples ie: area and appreciation, I think the first is a better option because the cash on cash return from the investment cost to rent ratio.

You need to check out your team better.

I won't go too far into it here but I have some ideas and hope the CPA will have better ones. 

We could also vacate at some point when we have better light industrial space, therefore moving on to the next hack…At this point, it seems to niche for us and not the best first deal.

Is it better to use the same lender for the investment property, which would be a much smaller loan, or use a new one?

I think you'd be better off getting a part-time job to earn another $1,500 a month.

I also received my broker's license tho (solely to become more knowledgeable while making personal real estate investments), but I don't see their logic, so I figured I'd turn to BiggerPockets to help me better understand what's going on.