Even if you leased it up to 50% occupancy it is generating much more income, so the value is basically what someone is willing to pre-pay now for the work they will eventually have to do to later to get it occupied and operating better. 

Eventually I realized that I was either going to have to switch strategies or switch markets.

We bought and sold the property eventually earning $3200 in just over two weeks.During the process I found out it was the whorehouse of Muskegon Heights.Now when my mom asks, "how's business?"

I just think having the profit secured for you, and making the cash flow a more predictable number will help you all mutually benefit from this transaction over you and your husband putting $100k into the game for an eventual $2m in liabilities and hoping to hit the break even.All those numbers are purely hypothetical of course, but I would probably talk one of my clients out of jumping on this opportunity as you phrased it. 

Specifically looked for something I could turn in to a house hack, then eventually sell.

Eventually you've just got to dive in and go for it. 2020 is my "just do it" year.My plan is to focus on investing in multifamily commercial properties within Indiana.

It was split intwo, bequeathed to heirs, then eventually sold to myself and mynephew.

In my case the prices were higher there, but I eventually want to move there and needed to get into that market.Start with places that you know-you have family there, you went there on holidays, went to school there, etc.

Who knows if they stick to that timeline...or eventually cave to public pressure and delay it and/or install more public sewer lines.In the meantime, you are free to buy and sell properties on Maui with cesspools.

I am hoping that buying property near any of the universities or just right outside of Elmwood/Allen would be a good investment (thinking that eventually these areas may become too expensive and push people a little farther out), but if anyone has any thoughts on area let me know!