Hi everyone,I’m considering buying a 2,500 sq ft commercial property with this deed restriction (in place until 2037):“Neither Grantee nor its successors, assigns or legal representatives, lessees, or sublessees, shall conduct or permit the conduct on the Property of, and the Property shall never be used for:(i) a grocery or convenience store selling at retail any food or food products, dairy products, beer, wine or other alcoholic beverages for consumption off the premises;(ii) the retail sale of any food or food products, beer, wine or other alcoholic beverages for consumption on or off the premises.”My plan is to use the space as an event venue (birthdays, weddings, baby showers, etc.), where renters bring/cater their own food and drinks.

I'd steer clear of anything alcohol related as well.

After showing a renovated vacant apartment 2 weeks now, and getting a seemingly neverending string of high risk applicants... crime records, alcoholics, people with drug issues, evictions....

Bleach or alcohol wipe-down is fine, but drying is the most critical step.

You can prompt it to "Create an Application that assists Borrowers with quickly creating comprehensive loan packages for submission to a Lender for financing"There's a lot of hype about AI, but it can be really helpful for building super-specific Apps with minimal effort.Hope this helpsGeorge  Thanks George.

I live Brooklyn where I own my primary residence (2024), and 4 long term rental units in California I purchased between 2017 - 2021.I’ve been asked to move abroad to London, and I’m wondering if there is any strategies to minimize tax on my US properties. 

At least they are just weed addicts and not alcoholics or worse 

I have great credit, some savings, and a solid W2, but I’d like to avoid putting down the typical 20% required for an investment property.How would you structure this to maximize their payout, minimize my upfront cash, and stay lender-compliant?

1.5% difference is minimal, fha has more restrictions on condition, and fha has forever PMI (life of loan).Try to do as much of the value add work as you can yourself.  

What lessons learned or strategies helped maximize returns and minimize development risk?