@Mark De sagun, Being familiar with Bakersfield, I can say that prices are up dramatically from the bottom like most places but I still see investors putting together cashflowing deals. 

Each of these variables will dramatically change the advice for the individual asking this question.

Over time we have seen these trends dramatically shift and the business model given a large amount of scrutiny.  

Unlike residential, commercial assets aren't based off of comparable prices.  2 office buildings next to one another can have dramatically different valuations because one is twice as big. 

Even after rolling the debt into the home we'd, thankfully, have a decent amount of equity in our home with the Austin market still rising (for now), so we're thinking: roll it up in the home, dramatically reduce our out-of-pocket expenses every month giving us more cash in our pocket every month and no credit card debt.

The seller will need to dramatically discount his/her interest in the property -probably to 5 to 10% of actual value.   

Since the 1960s, the amount of "farmable" land per quarter or section has increased dramatically in some areas {at the cost of fire separation, soil heath & erosion, and habitat for wildlife} and can be as hight as 80-90%.    

Anyway, I wanted to say that in NJ you cannot legally simply unilateral end a tenancy, or even raise rents dramatically, the state "Anti-eviction" statute prohibits it.

If your rent is significantly under market it’s hard to raise rents dramatically without some improvements.  

Too bad it took such a dramatic why to get me there!