Typically the more diverse the local economy is the stronger it is.

Please let me know if you need any additional assistance.

Here are a two real situations that I'm having trouble determining:1. paying off short-term hard money when commercial financing was delayed  -- this seems permissible since it's not long term debt2. performing improvements on rental properties -- these were planned but delayed due to COVID-19 has put these on hold.Any tax pros or attorneys here than can better assist to what is and is not permitted use for our EIDL loan?

Shoot me a message if you need any assistance, I'm in St.

I was fortunate to not have any tenants that asked for rent deferral or assistance.

Offering a $100 bonus for their assistance in helping get a lease signed prior to their move out is an idea.

We have been looking at both residential and commercial properties (with and without existing buildings) for a few months and identified this lot as one that meets the criteria for building a residential assisted living facility - or, in this case what we have dubbed residential style assisted living, as this will be in a small office park vs. a residential setting, with between 16 and 24 beds, so smaller than a Big Box ALF.We have a 60-day due diligence period (starting today), so we're fleshing out our due diligence checklist (see below) and would welcome input from anyone with experience purchasing and developing a commercial property.Our pre-contract DD included the following:1.

I could see down the road hiring non-licensed assistants to shoot videos, measure kitchens and bathrooms, meet contractors, etc. 

about three months ago I stumbled upon a company called BRESS claims to be the number one virtual assistant real estate oriented platform on the market.

I always assist in the build outs but it’s also a selling point - “the layout will be built to your specs.”I’ve gotten 5 tenants this way and haven’t lost one in 10 years.