I am in an oo residence now and have to figure that one out too. The

I want them to point out issues that may be a health hazard or a long-term repair that may need to be addressed. - Paperwork: I prefer inspectors who provide their report and suggestions in a nice organized folder.

You make a good point about rehab too. The

While you might be constrained to stocks and bonds by your 401k plan at work, other than a relatively few prohibited investments such as insurance and art, I’m not aware of any after tax investments you can make that you can’t also shelter behind a self-directed retirement plan.All of this assumes you don’t need the money soon, say for health reasons, but you didn’t say that.

If it were to be cut in half via a re-zoning issue, he/she would fight tooth and nail to stop that and if not successful, would likely not buy the parcel.Good luck to you and as already stated, start with the planning department.

Buy cash (not recommended), secure financing through a Commercial lender, get seller to carry financing, or buy subject too the existing mortgage.

If you want us to value the deal, we need to know what you expect, 11K at 10% is 110K but what contributions do you need to make that, you don't get 100% financing.Here is something to consider with retiring landlords, if they are in good health, seller finance it or much of it.

Sounds like the seller is in failing health and needs someone to work on his investment to turn it around.

Of course, with this being said I just realized that a have a buddy of a large health company who does lots of investing that could probably help me out with that one....

Other people do it without a mentor, I think I can too. The