It will most likely end up being converted to middle income housing on the 2nd and 3rd floors, and then the 1st floor and basement could be utilized as retail space (assuming the building stays up, which is what we prefer).

Thomas, as others have said, the numbers are tight.

I want to maximize my cash flow for that first year and if I have the space available to me then why not.

Hard to say how to react anymore as we don't live in a capitalist system, we have crony capitalism; the fed just paid jeff bezos to fly into space. 

It'd be tight, but could work.

Commercial different universe.If a tenant wants to rent a space from me with my commercial property if they are Starbucks then happy to pay the leasing broker upfront when they go hard with the fully executed lease and non-refundable deposit.If it's Joe Schmo tenant wanting to go for their dreams and taking out a Heloc on their house and must be profitable in under 6 months or they go under that is a different world.

I am more confident in the equity space, but would like an opportunity to diversify. 

The owner is seeking a quiet, non-smoking responsible tenant to enjoy this great property.This unit is the only studio in the 02215 zip code with a deeded parking space.

I would like to install an egress window in a property so tenants can legally sleep in a basement space.

The market is super tight right now, but there are still deals to be had.