San Luis Obispo (CA) commercial apartment / condominium building for lease, San Luis Obispo (CA) commercial real estate for lease or rent

San Luis Obispo (CA) apartment and condo buildings are sometimes great investments as they can be leased in part or in whole to a single tenant or several tenants. If the whole San Luis Obispo building is to be leased, the lessee can be responsible (most likely) for all the upkeep and service charges related to the San Luis Obispo (CA) apartments or condominiums.

Why lease your San Luis Obispo (CA) apartment building and not just buy? It could take up to 30% down payment to make that happen, but with a master lease you can acquire San Luis Obispo (CA) investment property for a smaller down payment and fairly lower risk. If you are wanting to eventually purchase the San Luis Obispo (CA) property, make sure your lease is drawn up by a capable attorney who knows real estate law thoroughly.