Without getting into the merits of if he's actually interested in selling, the price seems to be a good deal on the surface, but I was curious if anyone had any information about the market in the Northbridge area. 

Unfortunately I would not take this tenant because 1) they are threatening to sue without merit 2) Your insurance does not take Pit Bulls. 

Just wanted to see if this idea has any merit and if anyone thinks that investors might be interested in this type of investment.

I mean a convoluted 0% credit card idea might be ill advised but at least we could argue the merits, this just completely makes no sense on any level?

In your example, I'd have to ask the question 'has something fundamental changed about your city to merit the lower 100 basis point drop?'

In fact is doing them a favor by letting them succeed on their own merits.   

., That's a creative solution and might have some merit exploring. 

That phrase has some merit to it for sure.

Other than that, it will depend largely on the timing and merits of the specific opportunities you have to choose from.

@Costin IorgulescuWhile there is technical merit to the differentiation between the tax performance of passive real estate held personally and within an IRA, the argument misses the key point.When investing your IRA in any asset, you are not comparing that investment to how it would perform in the after-tax world.