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.

Hi Peter —Generally speaking, it’s difficult to get a definitive answer on the legality of rent-by-the-room in single-family residential zones around metro Atlanta.

Neighborhood Fit MattersEven if STRs are legal citywide, your micro location still matters.

At the meeting 68% of the attendees supported allowing STR's or allowing STR's with restrictions. 

If you can prove malicious intent by the tenant, you may be able to make a claim against your insurance.Consult with a lawyer, but if you proceed with legal action it is likely the only one to make money will be the lawyer.good luck 

if you can, do them separately. never do a portfolio loan. too much legal risk and restrictions on how you can manage the loans.

Monthly payments & fees continue to accrue.Eventually, when legally allowed, a lender has the right to complete a foreclosure.

One didn't make your list.1) I see people all the time raising money for real estate deals but they call it a partnership either because they are ignorant of the law or they are trying to avoid paying for all the legal work. 

That's the attorney who should be preparing your leases and other docs/forms.What do you mean by "legal lease terminations"?

The buyer would not be subject to the lenders financial restrictions as to their business operations4.