Saint Petersburg (FL) commercial apartment / condominium building for lease, Saint Petersburg (FL) commercial real estate for lease or rent

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

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