However everyone's experience is different and things sometimes are blown out of proportion over a small thing and this post is classic example of it.

G14 Classified... classic

If it is just to hold a piece of property you could use the address, but that would preclude repurposing the LLC later.

Well, everything else being equal, when you increase NOI, Asset Value would go up (i.e. this is the classic value add play).

I would assume the rent, lease length, lease clauses, the tenant, the history with tenant at the location, the quality of the building, the car count/surrounding population, and the ability/cost to repurpose would be much more important than what you would find on site, but I really don't know. 

Difficult read, but it defines precisely the difference between Classical Economics (free markets) and the economic theory promulgated by John Maynard Keynes and today's left.

The majority of the experience I have is development and re-development - new construction SFR, new construction small multi, and major renovation/re-purposing of old (70+ y/o) properties.  

All though they are some classics out there stick to the most current books for best market analysis.When you are first starting out money is very tight if non existent.

About me: - Graduated with a degree in Engineering Physics with an emphasis in Mechanical Systems from Murray State University- Graduated college and moved to Cincinnati area in summer of 2017- I work as a design engineer at a large medical device company- Hobbies: Building things/tinkering, playing music (classical guitar and regular guitar, cello, bass, etc.), building and flying remote control aircraft, kayaking, fishing, hiking, being outside in general. 

This is a classic case of a "wholesaler" ripping off sellers.