If they have to be 4,000 sq ft then no the deal is not all that great but if they are less than 3,000 then of course it a nice deal that I am sure a builder would pick up as long as there is no other hair on it like Karen suggests or that the market won't really support it because of neighborhing influences like Mark Suggest...

My bathroom outlet sparks when I plug in my hair dryer4.

As you can see I have little hair.  

Well, I was approached by one of the more prolific crowdfunders and they offered what amounted to an almost 10% premium over the all cash buyer.Moral of the story: If you're selling a deal the only way you would entertain the crowdfunders if:1) It's a marginal deal with hair on it;2)you have no TMV concern and you can wait for a buyer who will over pay; or 3)the capital market is frozen.All crowdfunding sites are touting their great returns over the past 5 years...uhh duh, check your stocks over that period - are you quitting your job to sell the"

^ Runs away with hair on fire

I was thinking maybe you could be more conservative with your numbers since you won't get full rents yet, but I think I am splitting hairs since that is a conservative number when you have 23 long term leases already in place. 

Anyone from the other units has to go there to clean it out of pet hair, glass, etc. and this may be disruptive to 1 tenant or nobody may clean it up at all.2.

Losing the use of a private utility is also a giant pain in the butt and will put grey hairs on your head prematurely.  

@Jason Hirko thanks for your post....You two made me feel that I am NOT totally crazy thinking 50% ish hair cut....Thank you

After de-catting and de-dogging several units from the odor, fleas, hair and damage caused from urine, feces, scratching, digging.