I'm seeing here that this is more of a site for investors, which were not necessarily interested in buying or building for an airbnb, we are very interested, however, in building a home that we will live in & then rent out or make our existing home in Kenosha Wisconsin which is on Lake Michigan an airbnb.We know NOTHING about buying a lot & then building.That said,  We have been trying to figure out how we get the most Bang for our buck buying existing property or building our own home.We have been seeing some amazing properties around 50K in Yucca Valley and/or 29 palms that list having water and electric available nearby.We want simple clean lines,  I suppose what would be considered modern contemporary but I hate putting that title on it because for some reason it seems like there's an upcharge just by using that description, lol...

Are you looking to have someone stay in your space and post the listing about the STR?

@Gary Northcutt Not sure of your exact situation, but I think your loan is falling into a space where technically the loan is a commercial loan (5+ units), but due to the size of the loan (<1M) it's a recourse loan where they require a personal guarantee and personal financials. 

I'm very interested in the MF space and am currently reading vol 1 of the Multifamily Millionaire as well as soaking up as much as I can from podcasts such as the Multifamily Mentors. 

As a CPA, I have a general knowledge of tax, having passed REG (tax portion of the CPA) but want to grow that knowledge effectively in the real estate space.

As a CPA, I have a general knowledge of tax, having passed REG (tax portion of the CPA) but want to grow that knowledge effectively in the real estate space.

Hi BP Family, I am reaching out in hopes someone that has experience in the mix-use commercial space will be able to shed a bit of light on a problem I have run into.

I am considering trading out and moving into some industrial space.

If you have shared space in your primary home then you can kick the tenant out anytime with short notice. 

Here is my situation; I am looking to purchases a commercial property in Shenandoah, IA. here is the description:SD LOTS 496-504 CRIP W 20' E 45' LOT 6 & PT VAC ST ADJ SW. the tenant occupying the space will be leaving at the end of the month but the seller's niece is only wanting to keep the back half of the property as a hair salon and wants nothing to do with the store front or the apartments upstairs.