Others that are posting here regarding this thread are misinformed to assume that your folks simply screened out a prospect that wasn’t able and ready to perform. 

Make it attractive to buyers and you'll be more likely to get a better / performing buyer.Down Payment:  I always ask for a minimum of 10% up to 20%. 

Most of the funds have a structure with pref rates and good performance split.

@Ashley Tarver,Thanks for the question.When you sell a property that you are occupying as a primary residence, unfortunately you are no longer eligible to perform a 1031 exchange.  

While this may exempt it from being classified as a rental activity, active participation remains a requirement, necessitating compliance with three tests: spending 500 hours on the property, dedicating at least 100 hours (and more than any other participant), and performing all the necessary work needed.Additionally, long-term viability and consideration of depreciation recapture are important concerns.

While this may exempt it from being classified as a rental activity, active participation remains a requirement, necessitating compliance with three tests: spending 500 hours on the property, dedicating at least 100 hours (and more than any other participant), and performing all the necessary work needed.Additionally, long-term viability and consideration of depreciation recapture are important concerns.

Look at the performance and try to optimize your portfolio from there.

The corner is the highest profile space and makes that building look less vacant (if you filled it), plus theatre goers would have to walk by all the other store fronts in order to get to the performing arts theatre and regal so that would add foot traffic. 

Yes, it is 5 or 6% for commission Realtor fees, but don’t let that influence you on its own . make an offer that you believe to be fair for both of you

If you guys think there is some magic report you can read from past ownership that will tell how this property will perform for you, you are dead wrong.