If you are handy and hands on you are ready for some license more rewarding. 

Typical is 35% down or more.Now with retail centers multiple tenants are underwritten differently and you can generally land 25% down unless cap rate is really low compared to interest rate and then it might be 30 or 35% down to get a loan.Abdul,I post when I can in between deals.

If you want no risk, then there's not much of a reward.

Discuss their level of success and compare it to the best you can expect from the low cost areas (i.e. mostly Midwest areas).Good luck

You'll need to also define  your monthly revenue and expenses for each to truly compare them. 

i have noticed the days on market, but quickly found out that has no bearing on how i negotiate price. no sellers so far are desperate enough. interesting note on the price per square ft. didn't even think about that but as i compare different properties in the neighborhood, that'll help me with a consistent value. 

If your original plan was to reduce rent by $25/month, then you're basically willing to give back $300 in annual value as a reward for this behavior. 

As for the 50% rule, the BP Calculator also lists the 50% rule as part of the final list of info and I've been taking a look each time at what appears there compared to what I get when I break out the components individually... to get a better sense of both approaches.

I must agree with @Jay Hinrichs, I have never been to Napa, but have heard to many times WW compared to this area. 

But the returns are worth it, and it's pretty rewarding.