I don't mind you guys being harsh on me as long as its constructive. :) Here are the initial details:2 story 4-plexAsking $379,000Built 19593 units are currently rented and 1 is vacant2 at $850 and 1 at $800Seller pays sewer, water and garbage, which is $230 per monthMaintenance is $70 per monthTaxes are $3200 per year for $265 per monthInsurance is $1200 per year or $100 per monthTotal expenses for him are $665 per month I plan on using my VA loan benefit and live in the vacant unit.Wanted to see what your thoughts, advice, or words of wisdom may be?

Sorry to be harsh but retail and restaurants are tough business.  

Sorry to be harsh, but assuming you want to be repaid (which is really not clear to me), at what point will you take the action necessary to get your money back?

I'm sure that there people that rock in the stock market and can't do anything positive with real estate.I think the going bankrupt statement was pretty harsh.

If you're concerned that it feels too hard/harsh, you could put a few area rugs to soften it some.

Sorry for being so harsh, but there are two sides to this coin.

In my opinion, the person who sells that software is selling nothing more than dreams.You seem very driven and I am sure you will succeed, but don't take advice and/or criticism to harshly.

First, as harsh as it sounds, try and ignore the seller's situation and first ask 'is this a good deal?'

I know the saying is harsh but i've heard it many times that "there are no friends when it comes to money"

Properties at 1.5% in a good neighborhood are not frowned upon too harshly.