But thats a pretty dicey proposition.

Unless the business has some unique selling proposition I would not even consider it.  

I'm not here to complain about that - I'm here to see if there is a way to do things better.Is it possible for wholesalers to have a unique selling proposition?  

In California, a property can go for years without being assessed because of proposition 13, which disallow arbitrary tax increase, therefore the taxes are determined if and when the property is sold.

You need a partner, but you have to have a value proposition and being brand new without a lot of capital and only new experience in an ancillary part of real estate doesn't give you one yet.

Hopefully, this proposition sounds fairly preposterous to you.

Look at the last election, *every* nutty local proposition that expands S.F. gov and costs property owners more $$ passed.

If I was looking at a potential investment posed to me by a syndicator, I would absolutely be looking at clarity of presentation, any highlights of key information of the deal, the value proposition, & how I'm gonna get my $$ back.

In this case no, you just buy the building, honor the existing lease, and become landlord to someone leasing the premises from you -- a much easier proposition in my view, this economy notwithstanding and assuming you have a viable tenant.Alternately, you could buy both the building and the retail business itself with the existing employees or without, all at your discretion.With all due respect Javona, when you say “amazing deals,†do you know how to evaluate a retail business for sale, or a retail property for sale, or both?

You have to market to find these people, so this is not a zero dollar proposition, either.