If you know what percentage a line item should be and it appears out of whack there is a reason for it.The seller has been cutting corners somewhere to make THEIR actual numbers appear better than micro market averages for the area.Also and this applies to other asset classes specifically you will see in retail centers for example the actual numbers average to 14 sq ft but are vintage leases.

I try to focus on a few areas east of the river as they are very centralized and close to downtown, Town center mall (very hot area), Jax port, and the beaches.

For more info, here's the link:http://www.redfin.com/MA/Dorchester-Center/61-Bowdoin-St-02124/home/9073768Since the house has tremendous capacity, it would be a great candidate for expanding into a multi-family.

I used to own the New Horizons Computer Learning Center across the street (1 Valley)...

I think this is clearly a sign of poorly developed risk-control brain centers.  

Our business model for Black Diamond is a cost center and doesn't make a profit, so I guess we wouldn't get much for the local franchises, huh? 

You can probably spend 30 minutes talking to your local city licensing center on what licensing you need.

Or perhaps the town is in need of a new rec center or something.

Last March a house came on the market in the North Center neighborhood for $299k, it was quirky (used to be a psychic reading place) and was partially converted from a 2 flat to a single family.

It's extremely competitive, and I'm guessing you're looking at MLS listings with your realtor.http://www.stthomas.edu/business/centers/shenehon/pdf/MplsStpResREIndex1282014.pdfGood luck.