I’m looking to purchase a commercial office building that has been heavily discounted due to pcb in soil.

Better yet- buy something with a reasonable value add, which gives you more options at refi time due to the equity you build. 

It looks like the street is full of attorneys, real estate, and other reputable businesses, so the location looks to be strong.Exterior looks nice and fits with surrounding buildings.

(Although if I can use less that’d be fantastic)  My fiancé (getting married this year) will also be able to qualify for Real estate professional status, which should hopefully help us with taxes.I don’t really need cashflow in these first few years at least, I’m more than happy to keep working and using that income to build our portfolio.

I have been saving money for a long time and looking to finally make the jump and purchase an investment property.Im focused on building wealth in my property, renovating it, and keeping it for the long term.

Work such as building furniture, hanging tvs and pictures, replacing fixtures, etc. 

It will of course affect your tenants directly, and your house meter on multifamily.Disclosure: I volunteer for the EV Charging for All Coalition, a non-profit working on building code policy for multifamily EV charging.

Building relationships with buyers and having a database of active market that specifically has cashflow.

If you do not have a team I would start building one.

Goal (in order of priority): 1) Convert upstairs of detached storage unit in back into 3 bed/2bath (for the downstairs, keep as garage on one side and rec room on other side), 2) convert detached garage in front into 1 bed/1bath for our grandma, and 3) eventually add a prefab home on the lot.From our research so far, I believe we'll have to do an SB 9 lot split in order to legally build all structures (but we're not sure if we want to do this now, or just convert the back unit into an ADU first then do SB 9 later).