If this was a financed offer, you should be be able to provide an approval letter from your lender.If you said it was cash, and had one of those instant-print letters off the internet, you may be in trouble.

I know that if my wife and I moved into a place with a side-by-side we'd instantly be considering the cost of replacing it.

Especially if I need to do a new lawn (we don't do those instant lawn carpets around here).

If not I instantly lose trust -Do they have many posts and if they don't what type of quality person are they?

Those tenants could instantly see the value created, and have not complained about the rent increase at all.Note that in my market, I could get another tenant in any of my properties in a matter of 1-2 weeks, so if vacancy rates are high in your area, that should play into your calculations.

Mike, you cannot list it in mls at 215k unless you have a signed listing at 215k signed by the rightful owner.Personally, as a broker and buyer myself, I would close the deal at 180k with full disclosure that buyer is a licensed agent and is buying for profit.Even then there have been cases where sellers caught wind of the instant gain, got pissed and filed suit.

My property manager would do that for our clients in a instant.

This would instantly put the buildings value up and the monthly rent would be what I basically pay now.

In addition, if he makes it an investment he loses the ability to avoid taxes on his $150k gain at sale. that's an instant loss of about $30k.

Your residential broker contacts may have contacts in the commercial space, so I would ask them for referrals, as personal introductions are always the quickest and best way to get instant credibility with brokers.If that route does not work, then I would look on Crexi for brokers in your market, keeping in mind that if you are looking in a small market the area is probably covered by brokers in a larger nearby city.