The 10yr tenant is nice, they probably won't leave so I'd be inclined to keep them happy and keep your vacancy low.  

If you had done that, then the current owner would be less inclined to continue to try to get renters as they would possibly have to buy out their contract.

This could be happening where you are.All these newer structures now house walk in clinics, radiology labs, therapy centers etc.

Hi there,Asking such a big question: I'm trying to get my first deal done, and still trying to narrow down which city/area I should be looking at.I'm a first time investor, I live in San Jose, CA, but I'm inclined to invest out of state where R.O.I is in double digits.I've done quite some research and combined a list of cities below (feel free to add one if you think I'm missing one that has great R.O.I):Baltimore, MDNashville, TNChicago, ILMinneapolis, MNAtlanta, GADetroit, MIPhoenix, AZBoston, MABuffalo, NYMiami, FLDallas, TXDestin, FLCorpus Christi, TXClearwater Beach, FLOrlando, FLTampa, FLJacksonville, FLCape Coral, FLPittursburg, PAHuntsville & Montgomery, ALCleveland, OHCincinnati & Dayton, OHIndianapolis, INKansas City, MOColumbus, OHMilwaukee, WISan Antonio, TXCharlotte, NCArlington, TXReno, NVRichmond, VADurham, NCSt.

I feel that with the proper motivation and time being put into this business plan, the recipients of it will be inclined to make money with us over the next couple of years.I am very excited and motivated to finish the business plan and get it into inboxes as soon as I can.  

I'm inclined to think he is, but I much prefer your theory!

Quick/cheap would be to lay it over.Given that it's a basement, I'd be inclined to pull the paneling and use the opportunity to ensure nothing bad is going on behind those walls.

Forgive my naiveté, but what about an ongoing Chapter 13 bankruptcy would incline you to exclude a potential tenant? 

You assume the wife is gone but as with most situations like these....there is always more to the storyI would be inclined to let it ride as is for the time being and how it plays out. 

I am recently retired from a career in clinical laboratory testing.