We have experience with this exact type of rental: we know the business, we know the building, we have the contacts, we've done the management, and had other arbitrage properties pre-COVID, etc.

DSCR loans are business purpose, so you wouldn’t be able to occupy the property.

Not my style but alot of money in that business FWIW.The current rent collection h*** we are in today, certainly unhappiness vs how happy we where just a year ago.- No good rent payment ACH status across the portfolio Today vs what we had.   

I'm excited to do business out there.

We have been in the business almost 65 years.

It's a good rule of thumb to follow mate.We always get caught up on the potential of a deal or business and don't focus on a "worst case" scenario.Experience has taught me to become a "Negative Nancy" first and evaluate the downside from a risk assessment standpoint.I would always get too carried away and am optimistic and easily influenced to believe in the best in people and ventures.Only to get my A$$ handed to me on a plate.Well not anymore... lol

They have below average management fees and have been in the business for decades. 

I suggest you listen to free podcasts on land wholesaling, build a business plan, and then work it (Wholesaling Inc is a great one).  

Hey Karen, A misconception about the real estate professional status (REPS) is that you can be in a real property trade or business (in your case, broker) and still qualify.

I am a realtor based out of Cleveland, OH and I have a client who is looking to lease a commercial space for his business.