Wondering what, if anything, I could do to spruce up the place to make it more attractive to a potential tenant OR if there are ideas of what I could personally do to it that would create some nice cash flow for me (co-working spaces, etc.).

Additionally, there will be a 20% annual increase in taxes every year until 2029, at which point they are expected to stabilize at their maximum rate.What would the "full potential" tax amount be in 2029?

Another question, what percentage of potential buyers end up exicuiting the purchase option by the end of the term?

DSCR Loans are going to be standalone 1st liens too (in addition to can't be used on a primary) - you should look into a HELOC or closed end second potentially

While the property has demonstrated tremendous potential for us to this point; acquiring it came with many hurdles.

While its significance may sometimes be overlooked, generative AI holds the potential to revolutionize every facet of the real estate lifecycle, from transactions to property management.Decoding Generative AIAt its core, generative AI harnesses the power of data to generate fresh content or forecast potential outcomes.

What is the potential scenario looking like ? 

The assessment process for commercial properties often involves evaluating the property's income-generating potential, which can lead to higher taxes than residential properties.

Currently, with your layoff situation, you have the opportunity to concentrate on market analysis, studying trends, rental needs, property values, and potential value growth.

@Shiloh LundahlTheoretically assuming properties were identical in every sense yes because I don’t need cash flow and would rather have the extra $100k in equity.Now $600/mo could get you another $100k mortgage to get you another property that could potentially also cash flow but for me personally I am in equity play mode now income mode - just my personal choice but nothing wrong with the other scenario