Thank you for clarifying and making your answer simple for me to understand!

We rehabbed our first property and have connections so we aren't afraid of a fixer-upper.We understand that buying through a wholesaler can be risky because there are no official requirements, regulations, or hand-holding. 

Nathan -It's understandable that you want to optimize your tax situation by strategically utilizing your capital losses.

especially if you are essentially buying what amounts to a condo unit of a retail space if I understand you correctly.you for sure what to get a good RE attorney on your side to draft the PSA and help you through the transaction. 

Seems like it performs well but will have low value when it is time to liquidate.Now, there could be value in it being a successful business, but it has low assets so it would take someone who understands what they are buying vs a pure investment.

The agent that you partner with should understand that. 

Understanding how to uncover the potential opportunities by solving the seller/owners problem then engineering them to profit takes time & skill. 

Im Kool with my past.Now I cant make any promises to anybody reading this(2years later than original post) and results are typical.But if your brain is understand much 3 day strategy and your ready to be a business owner and to learn this business....it seems that Phil Grove is a steal at the 200 dollar(or the level after the free seminar).And this as always is a fair unbiased testimonialNo promises.

If these folks had the wherewithal to acquire this in the first place they should be smart enough to understand they need the appropriate RE Agency to sell it for them..

From what I understand the two best strategies are Skip tracing - Cold call or mailing.