I see so many business owners try to do their own marketing and they get it wrong.

Yep, every remodel I did, the owners would get a letter from the City/County asking how much they had spent.

We were talking to the owner and the county wanted a different entrance and some other changes but another AZ season has come along and they still aren't open.

You can pull it off but it's not going to be easy.If you hire an experienced manager that person will teach you a lot and make you a better owner.

Our concern is he will contact the owners of these 2 lots, buy them, and really have some leverage over us then.  

Im a former resturant owner turned real estate investor this past summer.

I'm a property owner in CA and am not scared to rent to long term tenants where I live albeit CA does have stricter tenant-friendly laws than other states.

It will be interesting to see, if and when things go bad for real estate, if regulators start to dig into the owner occupancy issues.I had been thinking this was probably a very wealthy person playing the long appreciation game, parking money to also benefit from depreciation and other losses. 

This might be for owner occupied properties only though, I can't recall.

I put $50,000 down and now make $3,000/month from this property.Here's the breakdown:- 6 units in Indiana- $425K purchase price- $50K down- Off market & direct to owner purchaseI collected $2,885 in income the first month I bought it...Last month I collected $6,810 📈 And making ~$3,000/month in free cash flow.