It's 40,000 sq ft, with less than 150 parking spots and online says land is valued at 1.9mm (which sounds very high to me).Thanks again!

From my experience, if the place is thought through and there are stickers in place, and the cleaner's team have a check list to go through, minimize the issues the guests might have, and most of them could be solved right on the spot.

The tenant is not as much focused on rent when they are strong regional to national in nature but the best spot they believe drives the most sales and profit annually.It's the lesser quality smaller tenants that are more sensitive to rents because their model is not often proven with scale or over time as much.So you have to know what you are buying and what to do with it.I buy same stuff for cash but I am the GP on the syndications and my LP's put in minimum 200k per deal as accredited investors.To convert the bank to medical would be very expensive.

Is the siding mostly intact and not ripped or cracked in multiple spots?

We are about a month away from having the dedicated parking spot finished (gated w/ keycode access).

It seems if your at the right spots on Delaware you can be fine, but if you tread to far down where Second Ave is, is where it gets sketchy.

TIA for any advice, and glad to have found this forum.JP 2 bedroom is always going to be preferable to a 1 bedroom.However be aware, 1 level condos, havnt appreciated generally in the last 5 years except in a few spots.

That being said- you have TONS of equity, so you are in a really great spot, that gives you options. 

@Travis TimmonsVery spot on answer and agree, St.

@Mark Dreyer yes we sent you a PM we are trying to find a spot that will allow us to have 20 plus people due to covid