Communities cannot function without them, and proximity to healthcare systems becomes a critical value driver.

California certainly doesn't make some things easy but it is amazing the number of people will say "I will never buy in CA" or "will never do business in CA" when it is the 4th largest economy in the world as you said.  

I already spent the last decade doing leveraged appreciation, and the idea was to have this slice of capital function more like a real-asset income floor as I head toward retirement.For me the priority is: Income I can live on without relying on rent growth No dependency on debt markets, refinancing, or credit conditions Avoiding sequence-of-returns risk while drawing income I get that moderate leverage (60–70% LTV) likely wins on paper over time.

, ask yourself "what's the market where I have the largest competitive advantage?". 

What caused you to need QB rather than using Buildium's accounting functionality? 

What ultimately worked was removing a door and opening up one of the bedrooms so it functioned more like a living space — that allowed the property to be viewed as a standard single-family rental.

I’m especially curious whether these functions are handled:In-house by local staffOutsourced domesticallyOr handled remotely by trained team membersIf someone were well-trained in property management operations (screening, maintenance coordination, tenant communication, AppFolio/Buildium, etc.) and able to work remotely from Mexico, is that something you’ve:Already implemented?

I'm far from tech-savvy, I think when I set it up, I needed to run it through a PMS to make it work, however, that may have been a function of having 2 properties instead of 1.  

Conway, for example, is home to Coastal Carolina University (the area's largest college), a leading hospital network, and a wide range of manufacturers. 

Property overview (high level): Stand-alone commercial buildingLarger and more functional interior layout than the prior locationFully built-out commercial kitchen (hood, suppression, bar, etc.)Adjacent outdoor patio space already set up for dining (big upside)Comes with all FF&E includedNo residential component — pure commercial use  Deal structure (seller carry): Purchase price written at $1.2M~$1.0M attributed to real estate~$200k attributed to FF&E (included in the sale) Seller financing on $900kBuyer cash in at closing: ~$275kInterest-only period initially (no balloon language currently in the contract)Target hold: 5 years, then refinance into a 25-year commercial loan  Business context: The restaurant historically did ~$950k/year in revenueWe are owner-operatorsConservative projections show the business can remain profitable even with slower $1k days mixed inGoal is consistency, margin cleanup, and NOI growth — not aggressive expansion  What I’m hoping to get feedback on: Does this structure make sense from a commercial real estate perspective?