I would do this calculation first by appling the 50% rule.  

It better be a fresh red delicious apple, or a deal.

Apples to oranges.

If he's actually selling the property, he only gets so many bites of that apple before the tenant refuses entry altogether - and that can screw up a deal with a real buyer.If you were a real buyer, I'd tell you that you can learn 95% of what you need to know by looking at the location, the roof, the exterior, the common areas, the foundation, the utilities and the basement. 

thats true, I thinking after I see it I'm going with about 20-24k on an offer when he said o.b.o, I used to sell and buy cars ( apples and oranges lol) I'm thinking when someone says o.b.o, they have a lot of wiggle room and don't want to share it because of a figure they are trying to stick with but push come to shove his bottom number maybe a lot lower, 

My story is funny.I had a thousand shares of pre-pre-split apple stock that had been meandering around $12 for two years.

It's like an apple farmer selling his apples to a grocery store, and then whining when the grocery store sells the apple for 5 times more than the farmer got.

If only for an apples to apples comparison to other investments.

Account Closed I appreciate the great loans you've uncovered, but it's not all apples to apples.

Building 1 was leased at $80 sf for 20 years by Apple and building 2 was leased at $80 sf by Pets.com and building 3 was leased at $60 sf to assorted law firms because the owner was skeptical of dot.coms.