I shouldn't be posting because you asked "for feedback from active investors",  and I am on the sidelines with non-residential projects at the moment.

Solid plank vinyl or good quality laminate (in non-moisture environments) is excellent and lasts far longer than carpet, and is able to be repaired.We find that most tenants appreciate the hypo-allergenic properties of a non-carpeted environment.Just a thought for the future...

Luis, as you know everything is a pain in the *** in PR, and the government has their hand out at every turn. i think some of the issues are that rents are not that high, and finding qualified people are difficult right now, especially when people are not working. it sucks, but its the facts.unfortunately the properties don't appreciate well down there, so you would be buying for a long term cash flow play. 

If using a lender this is a non issue.

And you'll still have to pay tax on the proration from the periods of "non-qualified use" (as a rental). 

@Rick S.Unless there is a legitimate non-tax reason for your partner to pay the $20,000 closing costs.

I'm looking at a small NY owner occupied, non-performing 2nd with a performing first being sold by a company that has other NY notes.

That is way more than what the this publication says.

Public mls shows active listings but not all the supporting data, past listings for comps, or the agent notes. 

Maldonado and Brewer are officers with local chapters of the Service Employees International Union, while Pariset is a policy advocate with the nonprofit law firm and advocacy group Public Advocates in Sacramento.