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.

Real Estate is just incredible, especially when you buy under market and walk in to instant equity. 

They can unilaterally raise rates instantly without getting approval from a utility board.Anyways, at $100/month/unit (in Portland) you're pushing a month's rent/year for water/sewer alone. 

We sold it to the family as a contract for deed 30 minutes after we closed so instantly cash flows $500/month.

Also when closed, this would have roughly $50k in instant equity - seller is elderly, wanted to sell to the right family, and wanted to sell quick due to fears of COVID 19... not wanting a ton of people tracking through the house.

Much better to have It dead, instantly.