You are in a prime position to receive the most favorable rates on a commercial property especially given the length of time you have owned and managed the property. 

If yes - discuss terms such as lease length, rent payment, deposit, etc. 

@Tyler Lee You might consider using the MBTA commuter rail, which should work well for much of downtown Boston.Go to https://mbta.com/trip-planner Enter your start and end locations and it will give you options for public transit.If that works for you, you can start looking further outside the city where prices are much more affordable.

We were able to raise about $8M (4 short) and long story short, ended up partnering with a national management company and an institutional investor to raise the full $12M.

My future father in law is most interested in ensuring his daughter's interests were I to do this as a business full time, and leave my day job, asking for 30% of the appreciation of the value of the business or 5% of the appreciation of the value of the business if I continue to be an investor in the business as a "secondary" job.

If you don’t have the budget to do a full second kitchen, it may work to downgrade it to something more along the lines of a studio with a kitchenette.

(Their full package is over $1,000)  Makes absolutely no sense at all. 

But from the view, I think you need a full kitchen remodeling with new cabinets in a better shape and good floor design.

You have to have a lighter touch with the property management.From a legal perspective in SFRs, yes, I always give 24 hours notice before I asset my right to access the property, WITH TWO EXCEPTIONS, an emergency situation constituting a danger to my property, the tenants, or the public at large, and shoveling any public sidewalks running through the property.

Going to be paying full in cash.