I recently closed on a commercial condo unit (for retail), which is one unit in a building that also has 7 apartments. 

We sold to an attorney who provided a retail-cash offer and quick close, relocating to the area.

@Bryce Nurding Rates are close to a 2 year low.

After 4 months, the deal finally closed and I received a wire for $3,000.

With that, you could cover the costs for renovations, closing costs, or even set up escrow for those senior living sponsorships.

They don't know what happened but he said they're getting their normal closing lawyer to talk to the lawyer who handled that sale and figure things out.

Knoxville isn't a luxury market. widen the gap and do new construction. find infill plots of land in better locations and have more control. work closely with a builder who Is working with investors. we have flippers who did hundreds of flips then they graduate to new builds and say it's much easier. if you have the balance sheet you'll be fine. budget 20%. new construction commands a 20% premium and is much easier to duplicate Over and over and much less risk. 

have you closed some deals?

If you don't do a 1031 exchange, you’ll owe tax on the portion of depreciation claimed, even if the sale price is close to the original purchase price.

Close ups of the washer, the dryer, the awesome kitchen faucet, the light fixtures, a closeup of the gleam of light along the new counters next to two cups of coffee.