Zoning would allow for Office space, Personal and Business services, Billboard, Transportation and public utilities,

Restaurant space is not easy to convert.

Give them a space to provide a forwarding address of where to send the payment.

After 9 months I Refi the property with Eclipse bank ( smaller bank)(closing cost 3k) ran into a 1 problem the house had gas heaters that count as space heaters in the home appraisel so the underwriter would not approve unless we had HVAC, so I went through with installing the Hvac bc I plan on moving and section 8 this house (6k) the house appraised at 139k, I have no $ in this deal and 30K in equity, 2/18/2020 complete1. make sure you find a loan officer that is knowledgeable, upfront, and credible (they stick to what they say) I didn't like either bank I did business with ( I will try a different bank next time)2. make sure you know the credit score it takes to get a refi usually the better the score the less it will cost you3. make sure the bank that you choose gives you the ARV of the home not what you bought the home for and how much you put into the home4.

.- Last question - would a portfolio loan make sense to fund the purchase transactions (especially if they are spaced out over time)?

It is an increasingly competitive space, but we have loved it.

I have seen this with what was once large retail spaces. 

Gross revenues are PER SPACE / SPOT.

I'd say more than even Anchorage because of the expanse of space too. 

I am currently in the process of learning all that I can about real estate, and a partner and I plan on entering the space after we graduate.