I’m evaluating a former car wash property in Metro Detroit:Just under 1 acre lot~4,000 sq ft building with multiple bays (9 ft clearance overhead doors)Zoned C4 “Multi Use Commercial”My concept is to convert it into multi-tenant flex space for auto-related businesses (detailing, tinting, wraps, light mods, etc.).I’d love to hear from anyone who has repurposed a car wash (or other single-use building) into something else.

Florida is especially illustrative of this concept because FL LLCs, especially single-member/owner LLCs, provide very little outside asset protection.

I am very green to the whole investment property concept.

I did not get a big cash reserve to start, it was more for proof of concept. 

Airbnb/Short Term Rental investors - I'm helping a client with global sourcing experience validate a business idea and wondering if this would actually move the needle for you...The concept: A done-for-you supply chain service that sources your recurring STR supplies (towels, toiletries, linens, etc.) directly from vetted factories in China, adds your custom branding, and ships everything consolidated to save you 20-30% vs. retail.So instead of multiple Amazon/Costco runs or risky Alibaba orders, you'd get:Branded amenities (your logo on shampoo bottles, towels, etc.)Bundled shipments every 30-60 daysQuality control and inspection handledBoutique guest experience at wholesale pricesExample: One operator projected $20K+ annual savings on 50+ units just by switching their towel and toiletry sourcing.The tradeoff: 30-day lead times vs. same-day pickup, and you'd need to plan inventory ahead.Honest question for operators with 10+ units: Are you spending $200-500+ per unit annually on supplies, or constantly dealing with inconsistent quality/stockouts?

I signed up and will check it out, contractors as a service, love the concept.

Which is a big reason many stick to SFR investing where financial analysis is much simpler.  

I spoke with my grandmother about this after giving it some thought on my end and she came up with the concept of partnering up with her on the matter rather than my father.

A DST is more passive with trustee control and simpler financing, but you’re giving up most decision rights and usually can’t do big capex or re-tenanting beyond what the trust allows.

I work with investors who use Tenants in Common (TIC) for income property, and the key is to separate the concept of being on title from how you run the partnership.