Just renting it out on a standard month-to-month lease gives me the most flexibility and is the least complicated.

No double taxation.You will have to file fairly complicated returns in CO, IN, and MI as well as federal. 

I would be interested in knowing this technique :-) 

Here in the city it's just a little harder to find the INCREDIBLE deals because there are so many huge, sophisticated investors and the market can be incredibly complicated.

The other building was 80% occupied and was slightly more complicated.  

To time consuming and complicated

An investor using this technique screams I don't have any money and it will be a miracle if this closes.

Originally posted by Tinna Li:I want to learn about business, real estate, accounting and investing in stocks. .That is wise many new investor focus on real estate techniques but Real Estate Investing is a business and you need a wide variety of skills.

It's a very long, complicated process.

With that said, I had a feeling it may be tough to find something like this but being the "real estate guy" in our circle, I wanted to exhaust all resources first and see if anybody had secured real estate spaces for something like this using techniques found in the residential world.