Determining whether the venture falls under a service or rental business hinges on the provision of substantial services; for instance, if a bed and breakfast service is offered, it must be reported on Schedule C, triggering a 15.3% self-employment tax.Moreover, personal use plays a crucial role in the classification of the property.

It is a 7-unit building in Frederiksted and we put it in a USVI LLC for the corporate protection benefits. 

So if you are talking about buying a 6 to 20 unit building I would stick to Abilene.

I've met with a few brokers and most are hesitant to lease up small space and curious if others have been successful and what product they are using to source / find demand for mirco units.

At this point things do not seem contentious, and having a verbal dialog in person inside the rental unit might give you an idea of where you stand in getting your deposit back.What I mean is showing the pictures in person to the owner while the owner is standing in front of the place the picture was taken when you moved in well before you move out.Good Luck 

I would completely agree with the idea of putting at least some of the funds in an interest bearing account if you were self managing and not a licensed agent. 

Investment Info:Small multi-family (2-4 units) buy & hold investment in Rome.

Investment Info:Small multi-family (2-4 units) commercial investment investment.

But I was figuring I can make that a big storage facility after doing some construction.

I am looking for light value-add Class B small multifamily 2-4 units in Houston TX, preferably Friendswood, Webster, Pearland, League City or nearby areas that can be positioned as Mid Term or Short Term Rental.