I've found old garages are more of a liability than a good investment in the lower rent areas unless you get lucky and get one that isn't falling over - it will cost more to bring them back to life or replace them than it will ever bring back in rent and therefore, the best choice is to remove them and spend the money on a new parking slab - obviously a property that already has that done is a plus (people use them as storage lockers too, then leave it all for you to clean when they skip out later).

Smart move with UPS and Amazon here as well! 

@Suzette Kim - In addition to what Ellis wrote, I'll add the following: if you KNEW for sure you'd be out within about 6 years, the ARM would likely be the better choice.

II think airbnb has no choice they have to follow what the hotels and airlines are doing right now. 

I’m pretty smart, right?

Best to shop around as others have said, look for a bank that prefers commercial landing vs traditional  retail in my opinion is a better long term choice.

Yeah you can buy property without leaving the state.It would be smart to verify current condition with a property inspector.

Be smart, but I'm assuming your business needs to keep moving forward and people need places to live.  

That 15k is going entirely towards the price of the house BTW, not points or closing costs (our choice).

And smart tenants won't pay.