A TIC is a unique structure for holding property in that while we technically had our own units (our building was built as a over under duplex with a soft first story (garage and storage areas and services (furnaces) underneath the 2nd floor living unit with 3rd floor living unit on top. 

One of the challenges in nailing down a price per foot right now is two fold - everyone has a different idea of the "cost" to build - some will just include the hard number, others provide the all inclusive (demo to doorbell) soft and hard costs - everything excluding land, closing and financing costs.

. :)- Is price flexibility the same as a normal transaction or are is the seller usually more hard/soft on list price- I would like to move fast with an offer on this once investors offers are opened. 

I have dealt with this and if the tenant thinks you are soft and will not have the sheriff remove them at some point, then they will stay.

Soft vs.

I have started to see some softness in multifamilies in the Cambridge area in the $2+m range. 

The property is operating at a loss & the tenant is "soft threatening" you every renewal?

Get with a good title company that can run a soft title search for you.

The Uses are all the costs:  land, soft and hard costs. 

We considered renting an office space or even purchasing a commercial office but the market seems rather soft where we live and we thought purchasing a townhome would give us the flexibility of space for out of town guests, some storage (we currently rent a storage unit) and give us space to spread out in terms of workspace.