If you aren't intending to hold these properties for an extended period of time, lack of cash flow may hurt significantly.

But come 4/15/17 (or 10/15/17 if you extend), that's where it can become an issue if you're like many investors that don't understand why they don't qualify anymore after their properties start hitting their tax returns.Planning ahead is critically important and often overlooked.  

It sounds like they're looking to undertake an amendment to upgrade their equipment (expand their Premises) and extend the Term of the lease.Only recent major mergers have been Clearwire (into Sprint), or Nextel (into T-Mobile).

Give her a 90 notice of non-renewal and and notice to vacate and call it a day.Do not work renovations around her it's not possible.We had a woman for over 16 years and found the stairs and bathroom weren't suitable for her any longer we gave her extended notice and all was ok.

Conservative thinking or being negative about every real estate lead we worked was a positive thing for our family investing program - that and making low-ball offers (if they don't cry - the offer is too high) helped us maintain our current cash flow and avoid financial failure.In tough times - it is always wise to look at all those things that may go wrong with the deal - don't use conventional financing - always seller financing or option or Hybrid offers or long or extended closing time - called delayed settlement with a few contingencies.This is a great business if you understand and use as many creative formula as possible.If the deal is not good for me now - it won't get better in the future.Charles  

However after my risk tolerance grew and my business got to the point where I could weather the storm of an extended vacancy period I realized that I like the commercial (retail/office) side much better and over the long haul the commercial (retail/office) units seem to have fewer months of lost rent then their residential counterparts.Let's look at a hypothetical 10 year hold period.Scenario A: You own a commercial space and it sits empty for 24 months.

If I can sell for 850K or more at any time after first 5 years, I will do that - I suffer no loss, enjoy my own home and build whatever little equity I could.I understand the margins are rather tight but if I miss this opportunity- I don't know if these margins are only going to get tighter.

Second good thing is that it is leased to Canada Post until 2023 and owner told me they are planning to extend for nest 6 to 10 years.

The "limited liability" of the LLC (which is what LL stand for) means that the liability of the company is not extended to its owners beyond their equity in the company (except for fraud, etc).

I think you're suffering from postpartum investing:) We as humans have this innate ability to look back and reflect on our experiences.