These are also great, but are generally going to be on the other end of the affordability spectrum from the above, and the rents/incomes reflect that.Regardless even if the restaurant goes dark, there are a couple good things to owning a restaurant building.1) single tenant free standing building are the top of what retail tenants are looking for. 

On the application I did put a deadline for all applications and income verification.

If inflation impacts your income, it should impact your expenses.

I no longer wanted to have a single source of income.  

From my experience, Aircover has been covering loss of income if there were bookings for those days. 

I'm anxious about making any financial mistakes that will cause me to be in hot water with the government since I am not sure how to report income from an investment property. 

I intend to hold onto the property long term and yes I would be willing to live there if there was no income potential.

Use any CPA and treat it as normal income. 

I have two questions. 1)I was reading an article that gave the following example:"John Doe has $200k of taxable income on his W2 and buys an $800k 6-unit property.

Yesterday my job was eliminated, so my main source of income is gone, however, I have $1,425/mo coming in from a condo that's paid off.