Central location - relatively motivated sellers - mostly fed subsidized (mental health) - is it worth renovating and raising rents      - is it possible - small Apts (mostly 1 br) - option to hold and cash flow then repurpose as city changes zoning / vision How do you finance a large commercial purchase like this - % down / LTV - amortization / ARM - cash flow requirements - inspection requirements - special clauses for maintenance refinance options later Asset or personal info more important Code requirements for commercial loan Deferred maintenance list -What are main issues with 50 year old apartment building ?

Its been really a really huge mental shift for me in terms of understanding my personal finances, although in reality its just a slight change in behavior.

Hoarding is now considered a mental health condition, and thus a handicap and covered under the Fair Housing Act.

Everything seemed to be working out fine until today when I found out that that court deemed the mother to not have the mental capacity (a few weeks ago) to give power of attorney to her son.

I would have the current owner sign a listing agreement with an agent before anything is started on the property, this hopefully gives the current owner the mentality that everything is moving forward with a sale.

I'll be on call 24/7, always there for you, no beating around the bush - it's time for business mentality.

Now if the seller has mental issues and he does not know what he is doing and you got the deal at a steep discount, then that is unethical.

I can share some of the great books I've read:   The Instant Millionaire, Success through Positive Mental Attitude, Think and Grow Rich, Rich Dad Poor Dad.  

Oh and the tenant will try to sue you for some BS that gets later thrown out of small claims court but still wastes your time and mental energy*.

All a mental game.