I know the Marshall’s office had a backlog of evictions to handle, but 8 months seems like a long time.

As long as it is the same or higher, typically you are fine.

The commercial units would need high credit tenants with very strong, long term leases for this to work. 

When I convert it to a rental, I'll take them down for light fixtures, so long as comparable rentals don't have ceiling fans. 

@Lilly FangThe way I have done this in the past was I had a lien on the property and let the property be in the name of the partner but we had a jv agreement outlining the terms of the profit split on the deal

Together, we negotiated favorable terms with the seller, ensuring a beneficial deal.

Together, we negotiated favorable terms with the seller, ensuring a beneficial deal.

As long as you're able to partner with a local manager you can trust, such as @Gabe Chase and @KiKi Wood, I would highly recommend investing here!

Many of them make big promises, then provide very little actionable advice.Second, what you are hearing about is referred to as "arbitrage" where you rent a property as a long-term rental for a set price, then you furnish it and try to rent it on AirBnB for a profit.

Current lease term (expiration date, month-to-month)7.