It's a medical office building located in Prosper, TX and here's a breakdown of the key details:Property Details:Sale Type: Investment or Owner UserProperty Type: OfficeProperty Subtype: MedicalBuilding Size: 9,657 SFBuilding Class: BYear Built: 2023Percent Leased: 100% (Currently Fully Occupied)Tenancy: Multiple TenantsBuilding Height: 1 StoryLand Acres: 1.00 ACZoning: CommercialFinancials:Purchase Price: $676,000 + $81,000 Tenant Improvement (TI)Down Payment: 20%Commission: $22,000 (agent commission)Monthly Rent: $5,400 + NNN (exact expenses not specified)Vacancy (First 6 Months): Estimated expense of $27,600 (assuming rent starts after 6 months)Mortgage Payment Options:25 year term - $4,000/month15 year term - $4,600/monthLooking for Your Expertise:Does this fully leased medical office building present a good potential investment opportunity?

The $60,000 renovation budget presented a clear opportunity to add value.

The $60,000 renovation budget presented a clear opportunity to add value.

The $60,000 renovation budget presented a clear opportunity to add value.

I'm going to be the dissenter here but I may exit out of the Midwest in the near future.This is a great post about cash flow and why numbers on spreadsheets only present a partial picture. https://www.biggerpockets.com/forums/12/topics/1171104-the-m...

After some research it seems that this property isn't up to code and presents some valid safety concerns.

The landlord stated she believes we are responsible for the leak because when we started the lease in November 2022, the leak was not present.

Any advice on how to present a 30yr amortized (20yr balloon) that might be more appealing to him?  

It's usually because they aren't presenting themselves in the best way to get time with the best agents.

The $60,000 renovation budget presented a clear opportunity to add value.