Next week talking with financial advisor to move from a broad approach to more food or consumer perishable goods, medical portfolio.  

You could either de-convert the basement before purchase, buy with plans for de-conversion, or leave it as non-living space.

But my market is still better because of my team and our personal enjoyment of non REI.  

part of a current medical campus? 

., mitigating tax liability for passive and non-passive income).

Pecunia non olet"

If using a lender this is a non issue.

Their LTV is 70% max and they offer a 6 percent return for the investor (non pooled funds). 

In some cases they cannot pull the money out because it is now (Non-owner occupant) an investment and their credit union or bank may cap them at 70% or 75% MAX LTV.Nothing wrong wiht putting 10% down on a primary but look at the rates on both 5% and 10% usually when you have PMI built in the rates stay the same.

Must have multi-family zoning and be 500+ feet away from another non-owner occupied STR or you must live in the property for 6 months out of the year.