The place is going to cash flow very well partially because the seller is very motivated and we're getting a great deal.Besides the 3 one bedroom apartments, there is a fourth unit that used to be a rinky dink grocery store back in the early 80s.

It looks like a nice structure for storing large farm equipment, but not much else as is.

And a "packie" is the local liquor store.

I'm sure some of you may have heard of this but I know there are many who haven't looked into this yet.Proximity marketing has been used by large retail stores for a couple years now.

Back then, without computers, data was stored on index cards.

Even if you want to get back into real estate, the beauty is that you start over with a new cost basis in the property and fresh depreciation.

(figure product in the 2-3/Sq ft range, standard transitions)CERAMIC: $11.50/Sq ft with durarock (figure tile in the 2-3/Sq ft range, standard grade edging and transitions if applicable)A couple steps that might help you find a usable contractor:Retail stores will take you to the bank for flooring, typically. 

Nearly the entire house is wallpapered so it will be nice to start everything fresh.2) Instead of just enlarging the 1/2 bath to make it into a full, we have enlarged both bathrooms in order to fit larger vanities in each.

I got mine at $150K, lived rent free with 25% down.In 1986, an investor paid $360K for a triplex next store,  exactly like mine for $360K.

It's a liquor store.