Quote from @Victoria Hogan: @Rick Albert here's the link to the posting our PM put on zillow: https://www.zillow.com/homes/4072-W-Song-Bird-Pl-Fayettevill...There's not a ton of competition in this specific neighborhood and what is looks to be mostly all priced higher than ours with varying times on the market. 

Finding deals through agents on the MLS is going to be much more competitive & it can be harder to find deals where the numbers work.

Apparently, they were doing ok in the residential space, but competition was making it impossible for them to meet the expectations of their venture capital backers.So, they asked me to walk them thru a commercial deal.  

Must be a lot of competition in the Decatur area?

Is it repairs from heavy tenant use? 

The investor sector of the real estate agency side is different than the residential (more single family heavy) side for many reasons.

How does your property compare to local competition?

There is less competition now and the saying "Don't wait to buy real estate, buy real estate and wait" ALWAYS holds true!

It's a former adult care home, so the layout is shared bathrooms, and this would allow me to not have to change the plumbing layout while offering a competitive price-point and unique experience to travelers.

Quote from @Zachary Ware: A PadSplit can be very heavy in CF but be careful if you are renovating a house and adding extra rooms.