This could be an opportunity to add value by offering to help with clearing or relocating those items as part of any potential agreement.Why This Could Be a Good Move for YouYou see long-term potential in the property, especially with the large lot and development possibilities (even if those are years down the line).As the current tenants, you have the advantage of a direct relationship with the landlord and familiarity with the property, reducing competition and risk.This could be a chance to lock in a property that you might otherwise lose if it hit the open market, especially in today’s competitive environment.Challenges to ConsiderIf the landlord is emotionally tied to the property or reliant on rental income, they may be reluctant to sell.Financing could be tricky, especially with today’s interest rates and the gap between the current rent and what a conventional loan might cost.The development potential you’re interested in is likely a long-term play, which means the property could be financially tight in the short term, especially if you’re only breaking even or slightly negative on cash flow.Structuring a Potential DealTo make this feasible, you’ll likely need to explore creative financing options that align with both your financial capacity and the landlord’s goals.Seller Financing: Propose a deal where the landlord acts as the lender, allowing you to make monthly payments directly to them.

I love these types of issues, makes my locations harder to do, but also protects both my investment and makes it easier to raise rents.It's just like playing Monopoly.Start small and Make Your Big Mistakes Early.Not you though. 

Most times when evaluating a DSCR mortgage, market rent will come into play.

At some point tax considerations play a role, because buying more properties provides tax shelter in form of new cost segregations.Speaking of cost seg, the RPA is actually hosting a cost seg presentation tonight in Milwaukee.

It is a very safe play.

I don't think tax's really came into play for most of these folks as much as you might be thinking.

I know I'm getting the tax benefits of depreciation, the minimal positive cashflow, and the appreciation on the property, but It's pretty much a long term play of slowly raising rents annually to increase cashflow, which will eventually get basically reset when my loan goes P+I in 10 years.

It’ll give you an easy to read view of how many of the points raised by Dan H and Chris S play out in a deal. 

This 16-acre mixed-use community bridges Downtown Gastonia and the historic Loray Mill District, creating a vibrant live/work/play corridor.⚾ Franklin Yards-Gastonia- A $26M, 5,000-seat multi-purpose sports and entertainment venue, with future plans for residential, retail, and office spaces.🍽 Food Hall-Gastonia-Gaston County’s first food hall is in the works!

In that case it may be a situation that the owner may need to look at how the maintenace of the building comes into play!