We love renting from ourselves at the first practice, and would like to do the same here, but this building is multi use, with our dental practice on the first floor, and 7 apartment units (2 in the basement, 1 on the first floor, and 4 upstairs).I have been taking a crash course in multi family real estate here at BP and Google. 

The only thing I've found to be a problem is if there is s lot of snow with seeing all the external details such as cement or decking condition.

Makes me love real estate even more!   

For instance (this is for all you haters of FB and lovers of BP), I searched BP a year ago to get advice on the best way to structure an REI business in terms of taxes.

I love Red Bank.

I'm still just hoping for a deed :-)I'm a Antique lover and nothing rings my Bell like old wood.

I love real estate, always have.

I love Real Estate! 

Hi @Adam WorthNote I'm not an expert negotiator but have been doing sales for a while now and since I'm still very young I'm noticing that the results you seek out of life comes down to how well you negotiate lol from buying a car, going on a date to everything (at least my experience lol) But this in one of the reasons I truly love Real Estate there's so much information out there for your disposal that you can justify the offer your going to make regardless the amount.Since he's your neighbor don't feel like you're going to insult him because you just never know what that person is going trough in closed doors a ridiculous offer just might make his day especially if he can't financially keep up with it or it's stressing the person out.Regardless just be prepared with facts baking up the offer your making, you can do this buy talking to a Realtor to get a CMA to see what has sold and get a ARV since his home is similar to yours, since you mentioned he overpaid this tells you that he might be underwater or have no equity this gives you an opportunity to ether lease option or some type of seller financing.

I have been a member of BP for about a year and a half now and I love real estate.