Quote from @Sean N.: Quote from @Michael Plaks: @Sean N.As other people already said, your accountant is correct. 

If you are looking to do a fix n flip, it's based on your experience as an investor not work experience.

N/a Lessons learned?

I believe @ Aleksandr Simonelli can go to 75% on n/o/o.I hope I am tagging him properly w/ this link...Aleksandr Simonelli | BiggerPockets

The way I see it, this business would take much less capital and risk versus a traditional Fix n' Flip.

Two examples include R2 companies' acquisition of 150 N Michigan Avenue in Chicago for $90/SF and In-Rel Properties' purchase of 7500 Old Georgetown Road outside of Washington, D.C., for $92/SF.Such steep discounts can be necessary as negative absorption and declining rent growth make it difficult to underwrite office today.

The border between N and S is basically the canyon.

I do drive all day and have notice lots n lots of open leases, vacant businesses,properties for sale, apartments for rent. this looks dangerous like everybody is leaving somewhere else.

Quote from @Laurent N.: All,First, thank you in advance for all the insight I will receive from all of you.

I am working on getting an easement with another property owner to gain additional access from N Us Highway 1.