They typically involve two agreements: a lease agreement that outlines the terms of the lease (rent, responsibilities, etc.) and an option agreement that grants the tenant the right (but not the obligation) to purchase the property within a specified period at a predetermined price.Negotiation Power: Lease options can be attractive to tenants who may want to secure a property for their business while potentially benefiting from any appreciation in property value.

A 2 bedroom can cost significantly more in peninsula cities compared to east bay. 

@Dennis O'Loughlinwhen you BRRRR, typically the improvements you make will go into the cost basis of the property. 

I actually just spoke to them today and they have all the support and lower cost.

I self financed it until I had to take on some loans due to delays and cost overruns (ever heard of such a thing???).

However, this requires careful planning and adherence to 1031 rules.Holding and Renting Units:Retained Units: For the units you retain (one for your business and one for rental income), you will continue to benefit from rental income and potential appreciation.Depreciation: You can continue to depreciate the retained units, which provides additional tax benefits by offsetting rental income.With these considerations, this approach allows you to leverage the benefits of a 1031 exchange while maximizing the potential of your investment in the commercial property.

However, what is the cost of staying out of the market?  

Generally speaking, it’s most cost effective to acquire the real estate in the correct deed holder entity on day one as it becomes costly to transfer property.

I am looking to see if anyone has any suggestions on how to get an accurate number on rehab costs.

There is never any pressure to buy, and they offer a variety of consulting platforms to guide a potential owner through the process of purchasing passive real estate in Jacksonville, Florida.