I’ve owned and underwritten a few deals like this, and the short answer is: what matters isn’t how you think of it, it’s how the city, lender, and insurer classify it.A detached garage converted into a store pushes this firmly into true mixed-use, not residential with an accessory structure, unless it’s fully permitted and zoned that way.A few things to verify before you get excited about the numbers:• Zoning and permits – Is the commercial use legal, non-conforming, or outright illegal?

Businesses face fewer federal dead ends.For Kentucky specifically, this opens several doors:• Expanded agricultural opportunity beyond traditional crops• Growth in medical research and education programs• Increased legitimacy for hemp-based industries, including hemp concrete• New paths for farmers and manufacturers to diversify revenueKentucky already has deep roots here.

It’s a very odd configuration, because it’s an old convenience store turned 4 unit, one 1/1 + three 2/1 apartments.

For a small, independent operator, the most effective strategy is shifting the conversation from the store level to corporate risk and compliance.

One of the most overlooked pieces of real estate investing is your emergency fund strategy.Someone recently asked where investors store their reserves for rental properties.

I need a comprehensive solution that can:• Track the property from the initial purchase through ongoing management• Record and categorize all rental expenses• Allow me to scan and store receipts digitally• Monitor additional costs associated with the properties• Track rental income and proceedsI would appreciate any recommendations or suggestions you might have. 

The other address being a small novelty soil consultant smoke shop store under one roof and on the same Parcel. purchase price is 490.

Not trying to be rude but this is akin to saying you went to the store and bought stuff.

However, the attorney told me that he had sold a small retail center anchored by a convenience store 2 years earlier and owner financed 80% LTV.  

Quote from @Tim Kirchner: Recently been promoted to store manager at a major flooring store just North of Houston.