I think you've got a diamond in the rough on this one, so move forward both cautiously and confidently   

The group meets the 2nd Sunday of each month on the patio at Panera Bread on Blue Diamond at 9AM.

@Rich Hupper and @Brett Goldsmith  have you ever heard about attorney Bob Diamond's Tax Overages paid course?

Thought it may be a stupid idea of putting all the cash down but your suggestions reaffirm that it actually may be the best option.For anyone else new to the game -  I've had success finding these diamonds in the rough - used commercial buildings under 100k and getting phenomenal tenant ROI with them.Bought one for $57k last year and have a great tenant in there for 1,600 a month. 

I haven't found one that turned me on to and off market diamond.

Like diamonds, you just have to look hard enough.

All the rehabs I have completed with my team have been top to bottom projects that most investors wouldn’t touch, but turned out to be diamonds in the rough... as long as the numbers work, don’t be afraid of a little grunge and hard work.Last pointer, it is always best to get contractors local to your area that are familiar with the township codes regulations, as some are lenient, and others crazy stringent.Hope that helps!...

Founding right property is important, those diamonds in the rough.  

With some TLC, this is a diamond in the rough! 

The market here seemed especially difficult to turn a profit on so I learned to hone in on a few budget breakers beyond the sale price: taxes too high, HOA fees, rent too low and properties with deferred maintenance (lots of stuff needing replaced).I finally found my diamond in the rough in late 2016.