The alderman refused to even talk with us about the situation or consider any spot zoning. 

I've worked in the Television and Film industry for the past 11 years.

It depends on what you are spending on the deal.Sounds like it is about 50% expense ratio at 54.55% which I think is along with industry standards.The net income looks like its $23,543 for the seller.What is his interest rate?

A CPA and lawyer should be part of your team but not necessarily from the same in house group for assurance purposes - @Paul Beets depending on your framework you should leverage the two separately of their industry knowledge, experience and network to grow your endeavors. 

Inventory is still short, so maybe we just perma-stagnate for a couple years :(I am in the same spot, sitting on cash.

Before 1957, there was no industry or investing arena defined as residential real estate investing.  

I get having airbnbs near lakes, beaches, tourist spots etc.

I'm in a bit of a confusing spot.

@Trenton Pelloquin There are certainly benefits to QBO, including the fact that many in the industry players are using it, which could facilitate delegation of bookkeeping activities and tax preparation. 

We bought an industrial warehouse for ~$250k and is in the process of renovating it.