There's so much "what ifs" here...you need to answer this question: "What happens in 5 years when we go into another recession, the other space stands vacant, and you are losing money in your business?  

@Ming LimThe economy is not that terribly strong, the country technically entered a recession in August.  

OP sounds new-ish to the industry and probably just doesn't know any better, so I'll respond to that.I wasn't doing mortgages pre-recession, so can't speak to what was going on then.I've yet to be asked for an unlawful kickback in person or on the phone.

Let me tell you that the country is littered with people who way overpaid for property before the recession and now want that same money back but that just is not going to happen.

@Roy Oliphant  I know its totally counter intuitive.. but most of my best deals have been when I insist that sellers retain an attorney to represent them in the transaction.. this on its face at least in our states takes any issue with unconscionable profit off the table. .. and of course a lot of what I do is development land and we can double or triple properties values in as short as 120 to 360 days with an approved plat or knowing where zoning is going to change as was the case in this one were we made a big hit.. and it could go the other way .. recession no one wants to buy dirt and we lose our ***

She was the 'deep pockets' to a HML in California and lost a lot in the recession.

They overpriced it at 139K and lost it during the recession.

The conservative guys will tell you about recessions and the safety of owning property outright and not over leveraging. 

Another important factor is with all the government industries in Huntsville, the area is almost recession proof because government spending continues when private insdustry is struggling.

I'm personally not interested in the typical 3 to 5 year deal, in case the next recession is severe, and the banks shut down loaning again causing defaults.