I'd be interested to know if the commitment and policy for the new purchaser will have an exception and affirmative coverage for the USAA mtg so the proposed insured will at least be aware and hopefully understand the very real possibility of a foreclosure action being brought by USAA. 

Is it something that can produce an ok annual income?

If you can be disciplined in your actions and be able to negotiate, you can probably succeed in anything. 

I do not read this restriction in any of the guidance produced by SBA and Treasury, and it also runs counter to NAR guidance as well.

I also know my own tendency to read and read and read and never actually take action, so I want to avoid that too.

Gary helps everything make sense by reverse engineering the goal of $1M income and getting that goal chopped down to actionable and measurable steps.The E-Myth by Michael Gerber- Highly recommended no matter what type of business you’re looking to begin - RE Investing, construction, development, property management, etc.

The notice also gives taxpayers until July 15 to perform the time-sensitive actions listed in reg. section 301.7508A-1(c)(1)(iv)-(vi) or Rev.

One problem I have is if I were to inject the money into a couple deals that only produce 5-6 coc , there is very little room for error and then your breaking even if something does happen , vs netting 6200 with less risk .

That is why PM's prefer pet rent instead.Breach of Contract:  Are any actions from the tenant breaching the lease agreement? 

If by some miracle they make it you have increased NOI on a non-producing space that almost everyone passed on.I really do not like gyms no matter what the cap rate is.