But it's stuff like this that makes it really tough to manage properties in the state."

Greetings,Here is an update on the current National Commercial Retail Real Estate Market in The United States of America as of March 10, 2024:In 2023, retail transaction volume dropped to $53 billion, marking a roughly 25% decrease from the average over the past decade.

Greetings,Here is an update on the current National Commercial Industrial Real Estate Market in The United States of America as of March 10, 2024:Initial estimates of industrial investment activity suggest that a little less than $60 billion exchanged hands in 2023, approximately 15% below the market's 10-year average.

Land lord tenant laws in most of California and Wa state are pretty similar to BC.If you plan on land lording on the west coast in Canada or the US you have to be prepared to travel if you want cash flow, as Theresa pointed out, and even then it will not be easy.

Ensure that the commercial rental insurance policy includes coverage for the company's stay in the property.Include Legal Language: The lease amendment should clearly state the terms and conditions of the arrangement, including responsibilities for maintenance, utilities, and any other pertinent details.Seek Legal Advice: Consider consulting with a local attorney specializing in real estate to ensure compliance with Arkansas rental laws and to draft the lease amendment accurately.Document Everything: Keep thorough records of all communications, amendments, and agreements between you, the company, and Avail for future reference.Good luck!!

Is it a state that takes all your profits for taxes? 

Also, we cannot relocate to another state at this time due to co-parenting, so we do need to continue living here in Las Vegas for another 6 years. 

I live in California and the state tax is high.

More details:Mortgage (principal + interest): $2930/moProperty taxes: $15K/yearHome insurance: ~$1K/yrCost of home ownership/month: $4280/yr (not counting for any tax deductions related to the interest and property tax)If I account for $20K of interest and $10K of property taxes as an income deduction, then I can reduce the cost by ($30K x 35%) divided by 12 = $875 per month = $3400/mo cost of owning the houseRental income after 35% federal income tax + 9.3% state income tax = $2618/month (!!)

@Ayyoub Reza   There are a number of places to get agreements but make sure you get one that is current and state specific (here, legal zoom, a lawyer, real estate association ) Read your HOA bylaws what does it require to be included.