The two would be very different legal speaking.

Signage restrictions would be a good question (color, size, etc). 

The tenant attorney and tenant rep broker of course will try to do the opposite of what the landlord wants in ultimate guaranty security of lease, annual rental increases, and long term primary lease term.If you left it up to a tenant they would try 3 year primary lease, blocked rent increases so not annual, sales clause if not at certain level they can terminate or reduce rent, co-tenant anchor clauses, crazy broad restrictive uses for other units in the center, no personal guarantee, no disclosure of personal or business financials per the lease, set up a single entity remote LLC so they can bankrupt it for one location if things go bad, put a ROFR clause in the lease, incapacity clause where if tenant gets sick or hurt they can cancel lease, construction road widening clause where tenant can pay reduced rent while access is reduced to the center, unreasonable CAM cap clauses, etc.I can go on and on with the crap I have seen in leases for my clients buying retail centers where I am the broker.

I'm new to this whole area of business and was hoping for a little insight on the legality of this type of business in my state.

3) without zoning restrictions how do we determine best unit fit for property?

It seems as though many programs or older or carry many restrictions. 

They’re heated on a hot surface, usually a nail, and then inhaled through a dab rig. "   not legal...These are condo'd units, where we own several but there are other owners/tenants. 

The investments can then be placed under the LLC umbrella.To learn about the Roth IRA transfer restriction to a 401k plan, see the following. https://www.irs.gov/publications/p590a#en_US_2014_publink1000231050

Aloha Nick,ROI can be seen in Hawaii properties, but acquire from a good P/L, not emotion.And getting a license just for MLS seems an expensive way to get data, most brokerages wont allow you to join just to purchase homes for yourself tho. or have restrictions...Choose your Brokerage well, research the "details".

Any legal minds have any input?