Advani underscores the use of modern software solutions for everything from rent collection to maintenance requests, suggesting that technology is not just an option but a necessity for contemporary property management.He also touches on the importance of building a community among tenants, whether through events or shared spaces, to boost retention rates and create a more desirable property.The Future of Construction: Innovation and SustainabilityIn the construction segment of his discourse, Advani delves into how technological advancements and sustainability are becoming increasingly pivotal.

If you wanted another option and do not need the quick cash you can always build the unit rent it for a year and then sell the property.

And are there non commercial options available? 

Hey Gladys,Jumping into real estate investing is an exciting step, and it's awesome you're weighing your options carefully.

With your experience auditing properties in NYC and other cities, you're well-positioned to build a strong real estate portfolio.

This is the option I really want to do, but my wife isn’t exactly on the same page as I am.

Avg daily traffic ~20k vehicles.I'm not in a position to build anything (no build experience, little cash on hand, slim chance of large loan approval), but could look into selling it later.

If you start putting another 10-20% into your property your total returns start getting lower.What i found is the gains of higher equity paydown were positive up to about 5% of purchase price, we’re about equal between 5 and 10 percent and lowered return on equity after 10%.

@Lisa JordanSBA could be an option especially since you want to keep the equity injection low.  

I am exploring my financing options and trying to figure out what would be the best strategy?