However, they are not designed on the fundamentals of the business.

2) You mentioned the property is old ... could it be eligible for historic tax credits?

Everyone who knew better, who had lived outside Greece and understood that nothing as thoroughly corrupt and also as fundamentally weak and helpless as Greek society survives long, was dismissed with a small smile as naive, as a dreamer, as little boys crying wolf.I was told dozens of times to stay in Greece by the Greeks there.

That said, the fundamentals are pretty solid in Bakersfield and Kern county.

So, if you haven't, I'd highly recommend you learn more about business fundamentals to significantly enchance your game plan.

@Chai JonnI agree, the Solo 401k is the best bet for maximizing contributions as long as you are eligible for the plan.

Financing is the 1st thing to pay attention to. 2, 3 & 4 unit properties will still be eligible for 30 year residential loans. 5+ will require commercial financing which has less attractive terms and is typically more complicated, especially on smaller commercial deals like you're speaking of.

You will want to find out what is require by Denton County to be eligible while you are at the sale tomorrow.

The fundamental difference between investing vs speculating is not about risk of losing principal.  

Reading "Fundamentals of Fluid Dynamics" doesn't make doing the problems simple, interviewing recent graduates about the struggles of boot camp doesn't make a 15 mile hike with 100lb easy, taking advice about how to fly in formation 100ft from another aircraft at night doesn't make it easier (or any less risky).