The vast majority of licensees don't do any business.

You can have two houses within a quarter mile of each other with vastly different ARV and rent amounts.

Here you will get a vast array of perspectives.

The real art of underwriting is understanding that all the inputs are merely probabilities and deciding whether or not you can sufficiently offset the risks.

With $330/m in cash flow, unless you have sufficient reserves set aside those funds should remain as liquid as possible in the event of repairs or cap ex.

And it’s about to be very personal to you as the one who is going to be responsible for it, and maybe have a significant debt to pay back on it.The vast majority of business owners selling their business genuinely want to see it continue to succeed, even if it has no monetary impact on them.

But the places we all encounter that could only have a wheelchair ramp put in that intrudes into the public sidewalk (which neither the landlord nor the tenant owns, and now the sidewalk may not be sufficiently wide or accessible for a wheelchair), or that would require tearing down the storefront's façade (envision a storefront right up against the sidewalk), are grandfathered in. 

Your primary insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5.

There are more options, but this is sufficient to answer your question. 

By contrast, we just teach “stick to good underwriting, using title reports and escrow and having sufficient capital to make sure the seller is cared for”.