A few details about the house:Purchase Price: $250K. 20% down. 3 Bedroom, 2 Baths, 1727 sf Built in 2018Needs absolutely no workI’m wanting to purchase this as a primary home and convert my current home into a rental.

Eventually, however, I'd like to get into commercial real estate, specifically restaurants.

I guess unless i converted it into rental, otherwise I won't have any tax break. 

I will eventually but starting out, I figured the 3.5% would be best for me since I want to get in the market as quickly as possible.

It’s a pretty unique property: 3/4 acre lot with a 3 beds, 2 bath, 2000 sq ft single family house, a 48’ x 56’ five car garage, and a 15’ x 30’ ‘pool house’, which is essentially a converted garage and has heat and electric installed.

Can I convert my detached Garage with is connected to the ADU as a JADU?

Do you want your property to be converted to a restaurant?

Frankly, I am looking for a base hit (I know the homeruns will come eventually) to begin with and get some real-world experience under my belt.

These are reserves that you set aside every month, so that when something eventually needs replacement (i.e. roofs, foundation, HVAC, electrical, plumbing, etc.), you have the reserves set aside to pay for it without killing your cash flow for the year. 

We debated on converting our BNBs back to long term in Tampa.