Quote from @Oscar Ledezma Vazquez: Hi,My wife and I both have a W2 job and purchased a vacation home in big bear, CA in late 2022 that is being used as a short term rental.

What are peoples thoughts on this report from AHPThe Company will bear a monthly management fee equal to 0.1667% (2% annually) of the aggregate capital accounts of the members as of the last day of each calendar month, plus an annual fee equal to $60 for each active asset of the company.

I'm a rookie so bear with me if I get these terms wrong. 

Most municipalities have licensing and permitting that's required to operate investment real estate, whether it be income producing or for-sale and it's not difficult to obtain the documentation bearing the owner's name.

<g> Instead you would pat yourself on the proverbial back over what a great deal you got and then accept the maximum that the market would bear for rent.You and I sell added-value to our customers.

Who bears the cost to convert a retail space for medical use?

And how long is the average bear market - less than a year.

Industrial sites can have clean dirt for sure but they can also have contaminated soils that can carry a high cost to remediate.  

(in my area the soil of each proposed lot has to pass a perc test if the properties will be on septic or be able to connect to the city sewer if not... you'll need both legal access and physical access... the lot will need to be level enough to build on, etc. there is a lot more to look into but those are the big ones). 

The rehab I added the half bathroom, I removed 5 walls (including one load bearing) and added 2 walls.