There is no deal.The seller is living in fantasy land and is not yet desperate enough to accept an offer that would give you a good amount of profit.

I played football for Okstate, so I can bring experience from my sport career as well.

The safer areas seem to be to the west side of campus (near the football field) and north of campus (closer to delsea dr.)

We are seeing a lot more places on the market for values that suggest the seller or listing agent vacations on Fantasy Island. 

For an inexperienced would be investor to believe he can do the same is fantasy. 

Obviously the deal looks far better at $530,471, but should I be using the NOI after prop mgmt fees are subtracted, or am I living in fantasy land? 

I am a teacher and football coach at a small high school outside of Kilgore.

The only sellers on loopnet are fantasy seekers that are listing stuff at their "I don't want to sell, but I would at THIS price" pricing.That's why the only stuff on there is LoopRot*(*tm for 'LoopRot' coming soon :)

Deciding when to hire them is very much an exercise in finding how risk averse you are.Maybe a football analogy with offense vs. defense works here?

Fast forward, I continued that until about the 8th grade(got heavier into football and track) where I let some other kid buy me out for $200 and 30% profits for 8 months.