At first it sounded eerily like an "Epstein" pitch, I was half bracing to see "massages" come up in it, lol. 

Purchase price: $100,000 Cash invested: $10,000 My business partner and I bought a massage therapy clinic and a teahouse on 1/29/2020.

Purchase price: $100,000 Cash invested: $10,000 My business partner and I bought a massage therapy clinic and a teahouse on 1/29/2020.

If you massage numbers to make it work, you're setting up for failure. 

The week before we did turn down that Thai massage parlor that we talked about in another post.Great input/insight/advice as always Joel. 

Don't overpay or massage the numbers just to get into a deal.

Is there any way to massage this such that repairs and cosmetic changes can be made in between the time the renter signs the lease and when they take occupancy therefore allowing me to deduct these expenses?

1 or 2 Earth® massage showerhead(s) to save 40% more energy and water* ?

IRS tax transcripts are what is verified as being received and turned in by that seller to the IRS.Many people might omit or make up numbers or massage them to get a sale to go through but it's a rare breed who will do it to the IRS.So you are making sure they are not showing you one schedule for DD but have turned something else in completely to the IRS.

Given the square footage, if a relevant rezone was possible, sounds like a fantastic deal.Lawyers, accountants, massage therapists and other health professionals, etc. are often looking for these types of spaces IMO, and at that price point you could be very aggressive with rents.