If we could cover our mortgage that would be ideal, but we could handle not getting any rent if it comes to that as we have some reserves.

Ideal if I can fire him and not let him get the full commission.

Purchase price: $435,000 Cash invested: $28,000 A 3bed/2bath single family with 2bed/1bath mother in law suite with a full kitchen in the back.

It's kind of like asking 100 different people what suit size they wear, with the goal of ascertaining what suit size is best for you.

-Will require re-zoning, talked to the city and a land use consultant seems like it is do-able in a 45-90 day period (kept contingencies on during this process with optional 30 day extension)-100+ rooms, Each room is 470sq ft approximately(so this will be studio or 1bed apartments), with some suites bigger -Not sure what to do with conference hall and restaurant-Will be hiring a consultant to do the re-zoning (since I'm an out of state investor + this is my first time doing rezoning).

But I will rebalance and get it ideal later in the year. 

Will Spain follow suit?

I wonder if other investors and insurers will follow suit.

I'd ideally like to buy and hold, but I do plan to evaluate my plan and the market once I'm done with the renovation in the next 3-6 months.

Although some amount of cash flow would be obviously be ideal.