My thought is there are cultural influences at play here  People can call me racist or prejudice all they want.I'm none and never will be.I'm realist but there is something to be said about cultural influences mate.I've witnessed many of them over 5,000+ investor intro calls and will leave it that.I'll protect my company and team first and foremost.Revenue and profit is secondary.Who $#@%'s on my team, $#%@'s on me also and we fire them in a heart beat.The team works way to hard to get abused via email, etc...

Property was built in 1970's and had not been updated since then.

It’s been sitting on market for $2.8M…. chris what type of property.. commerical  MF   or SFR vacant etc.. to this makes a huge difference.. what I have seen over the years is high end SFR s  U know the 12k sq ft mansion in Atlanta where they say the value is 5 mil.. but no one will pay more than 3 mil.. so to me those are impossible to value.

Forming a sub s LLC right before a sale is not a good idea. 

You can buy an investment property that offers a Carriage home, ADU or other and live in the smaller portion and rent out the large portion(s).You have Counties like Citrus County, Pinellas County, Hillsborough County, Polk, and Pasco that all have a large population and a ton of opportunities for new business owners.

There's a very good chance the issue(s) you face have already been discussed and answered.Ask questions in the appropriate forum.

Code Sec(s):162; 195Docket:Dkt No. 30077-07.Date Issued:04/30/2009.Judge:Opinion by Gustafson, J.Tax Year(s):Year 2004.Disposition:Decision for Commissioner.Started investigating property: Feb Put first contract (canceled): May Bought first property: December 30thCourt decided that his 21k education expense was not deductible as business expenses but would be considered, at best, the start up cost.

There is sort of a East side/West side thing when it comes to investors that almost sounds like the rap battles of the 80's. 

Also if you're bringing family along or just going by yourself for example.I'll also piggyback a little from @Scott Mac 's question about what the state specifies in their own rules.

Hi Kasi - there are certainly some red flags here as to the legitimacy of the buyer(s).