Hello, I'm always looking for ways to improve my community and to grow my net worth.

Looking for advice on this deal as I have never done a commercial deal.Property type: Mixed use condominium (nonconforming use variance) 1500 sqft beauty salon lease expires next year, they are asking for 4 year renewal, 500 sqft storage stable income long-term lease, parking revenue in a poolSize: 2000 sqftPurchase price : $600,000NOI: $48,000 (7.5 cap, NNN)Location: Honolulu, HICondition: Good, HVAC just replaced, needs $10k in improvements to flooringI'm interested in the property because it's a high cap rate for downtown Honolulu.

I also own the cash flow games 101 and 102 and they are a great way to learn how to improve yourself.

Electric use is not going to decrease in the future so I see no reason to delay making the required improvements. 

2) if so, my plan is to improve this property (with other SDIRA funds) and sell within 5 years -  then 5 years from now could I wrap the owner finance to the new buyer?

My improvements were replacing the furnace, adding c/a and adding duct work to bring basement returns back to the furnace and a/c. 

What I've found so far is that it seems to be a bit of a challenge to locate these lists, since most list providers focus on improved property.

One of my friends swears about using an agency to do all the above work, but they take a big chunk of the profit too.If anyone has suggestions to improve the above caveats, please chime in!

The ISSUE is understanding the VALUE of goods and services, wholesalers need to ask your Attorney General what they see as PRICE GOUGING, ask them how they view the value of any service in real estate. where a straw man never takes title, never touches it to improve it and simply flips a contract. 

., in a civilized area and had improvements or was easily improvable) was taken off the list.