Merritt Island (FL) commercial apartment / condominium building for lease, Merritt Island (FL) commercial real estate for lease or rent

A Merritt Island apartment or condominium building for lease may be available from an owner in Merritt Island (FL) 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 Merritt Island (FL) owner and make sure the numbers work.

Merritt Island rental properties make a great investment income, but having to pay large down payments for Merritt Island (FL) property can eat up capital you may need for future repairs or Merritt Island (FL) property improvements and developments, by utilizing a master lease option you can save the up-front costs, build equity into your Merritt Island (FL) 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 Merritt Island (FL) property for any bank holding or liens.