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

A San Luis Obispo apartment or condominium building for lease may be available from an owner in San Luis Obispo (CA) who doesn't want to sell because of tax reasons, and doesn't want the continued responsibility of day to day running the operation. Understand the motivation of the San Luis Obispo (CA) owner and make sure the numbers work.

San Luis Obispo rental properties make a great investment income, but having to pay large down payments for San Luis Obispo (CA) property can eat up capital you may need for future repairs or San Luis Obispo (CA) property improvements and developments, by utilizing a master lease option you can save the up-front costs, build equity into your San Luis Obispo (CA) property and finance via bank loans at a later date. Have a good lawyer write up your real estate contract to protect your future plans, and research the San Luis Obispo (CA) property for any bank holding or liens.