and the relative lack of rentals, you'll have no trouble getting market rents or higher going to regular route.Best of luck!

Even in the best case scenario, the ROI does not justify the large capital investment and relative lack of liquidity as compared to my stock portfolio (where I have more knowledge & risk tolerance, even in volatile markets). 

If you are just getting started I would take a quick read through the Bigger Pockets Ultimate Beginners Guide in addition to listening to the podcasts related to HELOC (home equity line of credit).

Since the term of a lease has little to no relation to how long a tenant stays M2M is the same as a term except the landlord has greater control.

@Clarence Johnson the interest rates are all relative to the deal though right.

So that last 5' of width comes at a discount relative to the rest of the building....Just an FYI.

Agreed - you don't have a competitive advantage, specifically as it relates to investing.

What should I be focusing on when analyzing a deal that doesn't directly relate to the house?

I would definitely check out the Real Estate Events and Happenings section as there are usually several different events for local investors every month, and they're generally great for meeting people involved in different facets of the industry to build out your team.It's certainly challenging to find good deals nowadays in the area--there's a lot competition, and almost everything you'll see on the MLS will be relatively overpriced (and/or gone within days/hours of being posted).

I will talk with my attorney about this, but I wanted to hear from people on here who have done this and may know some good tricks or tips to making this a profitable and relatively safe deal.Thanks!