Looking at an single story 8-plex building and the numbers work, but there are a few items that bothered me.All eight units (1/1) are currently occupied, tenants are either on month to month leases or no lease at all, but they all pay on time (according to seller).It's an approved short sale, owner is the broker, and is saying tenants are getting a bit impatient with frequent visits from buyers, he wants the buyers to waive the inspection contingency, which I have no problem doing if I can see ALL the units at my own pace and make sure I know what I am up against repair wise.There are a series of buildings in a row and the tenants all seem to know each other.When I went to see the building, the owner/broker told me someone would meet me there, a Maria.

While I don't see the market crashing like that again, it can't keep going up at this pace.

I prefer a slower pace like sitting in the rocking chair and eating popcorn while listening to the BP podcasts or I will surf BP for hours month after month, getting analysis paralysis.

Hopefully rents will keep pace or beat ;) "http://www.biggerpockets.com/forums/12/topics/110054-commercial-loan-balloon-payments

Real estate sells, but it's just not the sort of fast paced do or die market i'm interested in.

Allan, I mentioned this club in your into post the other week.Its a fast paced market but room for everyone.

There is a ton of flipping resources there.Oh - and be sure to set up some Keyword Alerts- especially for "Pace" so you'll be notified when people mention it here in the forums.Thanks again for introducing yourself!

There are others as well like Robert Adams that help with acquisitions.Prices rose fast here over the past two years, but rents have kept pace.

It cost us 5 digits to walk away but got out by the skin of our teeth.Lesson: Run your deals at YOUR pace and NOT your agent's.

At this pace, you might end up retiring much sooner than you think.CONGRATS!