My wife and I run a small accounting/bookkeeping company that we run out of our home and we want to expand by making a shareable office space property. For those who don’t know what that is it’s basically a space with a bunch of offices people rent out on a monthly or yearly basis so they don’t need to spend a fortune on a place to work. Anyway, we have been looking at ideas for properties and are looking for the best option. Rent a property and renovate it, get payment from office renters and pay the building owners from that. Buy a property, renovate it and pay the mortgage. Finally buy land and build a new structure just for that reason.
Is any of these a blatantly better option?