He did use about a thousand to purchase some  vending machines.  

It was said that vending machines are low capital investments.

However, once I do one, I'm sure I'll feel a lot more confident/equipped to do more.Thanks for your post and maybe we can chat sometime soon.

You are going to need a slew of other equipment to ensure your mail is property set up each month.

It was always odd to me that when someone would pay 30k for a business (and then a lot more for space and equipment) and then not take our advice and implement our strategies that were proven successful over many years.

If you ask a good experienced lender, they will tell you the same, the same holds true for well versed and experienced realtors in this space as well.Finally an experienced 203k contractor will be able to get you processed and closed significantly faster, as they are equipped to handle the administrative burden set by the lender:Registration, Bonding & PermittingProper Estimate StructureW-9Insurance & Workers Comp.EPA CertificationFinancial CapacityReferences & Past Performance...... much more... varies by lenderWell hope that helps, I really encourage you to visit that resource and simply call/email. 

Yes cap ex can be depreciated if you are buying equipment (fridges, ovens, sinks, ect).  

They have to dig in a tight space (can’t use heavy equipment) so it will be costly.This is the second place I have purchased with a major sewer problem.

On top of that - this will cost several thousand dollars - I'd say over 10k for the structure, equipment etc. 

I am always looking for that golden opportunity to get my feet wet in real estate, just not sure THIS is that opportunity.I was thinking maybe I could make like at least 10k, of course I would have to do SOMETHINGas to what that SOMETHING is, and having to be licensed to participate, that's where I'm not ready yet.I've got the study guide. looking at schools, maybe leaning more towards Champions School of Real Estate.perhaps learn all I can about Contracts and maybe I'll be better equipped for the next deal I see