the owner would typically pay the commissions on a commercial lease; however, an option to renew is an option to renew. it just gets renewed. there is no new lease, no new leasing agents, none of that. it sounds like they aren't exercising their option to renew. they are essentially letting the existing lease expire and negotiating a new one. my response would be - we either renew as is as provided under the existing lease please plan on vacating as we'll start marketing. it is possible that we may come to terms on a new lease but no guarantees.....

My plan is to rent out the property and refinance the property as soon as possible. 

Also want to try some airbnb and traveling nursings situations, 

Download the TX state-specific leases from BP (I had to enroll in the annual pro plan to access it. there are promo codes)2.

The city has a big improvement plan (working to bring more jobs & biotech around the health district it’s in) that’s being enacted, the neighborhood also has one that’s not yet being done.

The plan is to live in it for a cpl years so right now I’m assuming my best bet is a tricky FHA 203k loan.

Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.

Initial plan was house hack.

If you plan to have a large portfolio and scale, this would be something to consider.

I have 2 development projects in planning at the moment also and they have relatively similar #'s.