Yea problem is the cost to retro-fit these buildings into something usefully is usually more than starting new.

As others have stated, your fit & finish goals should be guided by whether you plan to:1) Rent: tenants don't always take care of a property, so you want to use lower-grade materials and workmanship.2) Flip: higher quality on workmanship and materials is usually required.Regardless, you always want to "Maintain to the Neighborhood".

If you can find a precedent, that could bolster your argument significantly.Lean on the Physical Details: Four mailboxes, four sewer lines-those are big indicators that the property has been treated as a four-unit for some time.

We do take many steps to consider whether a tenant will be a good fit for the property.

Influence or control can lead to a beneficial owner even if you own little equity.Also it is 20 FT EEs AND $5M Revenue AND a physical office.

Feeling anxious is completely normal, but from what you’ve shared, this opportunity seems like a great fit for your goals.Your numbers look solid.

You must keep the tenants security deposit at a bank that physically operates a branch office in the State of NC.  

I tried to stay out of the way, but I had to stop several things from being done wrong—spaces between kitchen cabinets that were too small by at least an inch for the appliances to fit, a walk-in pantry being built that was too narrow for anyone but a child to get into.

I have helped Dozens of local and OOS investors buy and sell traditional investments, acquire 'house hacks' and STRs, as well as assist OOS investors with tenant turnovers, getting properties rent ready and placing tenants.Reach out anytime to discuss the KC metro and how it fits into your REI goals of providing generational wealth and eventual financial freedom

I would also say that many real estate salespersons will not be committed to an investor that just tells them to send properties to them that fit their buy box and then never hear from them again.