My point is, you are on the right track with your thinking, so now to the "HOW" to actually get in, if like me, you don't have an in or connection.First step is likely to get licensed, if you aren't already there are some other ways to get in the door and be helpful but licensed means they can pay you cuts of the deal and its less upfront cost and risk to them in helping you out.  

The restaurant going under is definitely the biggest risk.

and i know that that there’s risk involved, so ill always be prepared for things not going according to plan. and i think starting small and gaining knowledge and experience over time is key. 

I specialize in STR & Co-living concepts, which I recommend for the highest rental income potential!

Plus, if the property is in a desirable location, you may have little trouble finding tenants.However, there are potential cons to be mindful of.

If you want to look at total expenses over the years, you need to look at total income received as well with your potential sale price. 

Partner Driven saw potential in the S.

Had we scheduled the closing in the morning, there would not have been an issue.The only potential upside is that a disaster area declaration triggers changes in mortgage rules that could beneficial to the buyer. 

Partnerships & JV Deals - Partnering with other investor partnership capital partners can spread the risk and enhance deal flow.

This way, you can offset other income and potentially reduce your tax liability.I recommend discussing your options with a tax professional who can provide personalized advice based on your overall financial picture.