I´m from Monterrey Mexico, as many mexicans I have a lot of relatives in Texas, a few months ago one of my uncles passed away and my aunt is selling some of the properties she has, becausse she doesnt want to manage them, one of them is a small comercial center (9 spaces) and I´m trying to see if there´s a way for me to get a loan and purchase the propertyIt costs $1.1 million usd with a potencial of $108,600 usd in yearly rents, actually it has a 85% occupancy and gets $93,000 usd in yearly rentsthanks a lot in advance

Otherwise we wind up encroaching upon their private space and they will resent it.

Nasa space and rocket center.

We are ramping up for a bigger 2017 in the note space.

You can only deduct repairs/maintenance on the rented space.

There is good reason for this.If and only if you find a very experienced person in this space willing to mentor you and hold your hand walking you through it would I even consider it.

I would reach out to Kevin Bupp who is big in this space.  

When you throw in ICSC membership/conventions and travel expenses out of state to view properties with clients, the costs add up pretty quickly in this space.   

As of now the preference is for medical office space but professional office, industrial, and retail uses will also be strongly considered.  

I have had passive income streams through RE for the last 9 years and I am looking to focus on deploying capital into the multi-family space.