The interesting thing is when we drove around the area, the houses weren't in any particular "style" -- one looked to be like a classic large ski chalet, another was a different type.

lease option type of set up to with the down payment as a non refundable option payment.sounds like a big enough project the buyer is probably substantial and real.. 

What made you interested in investing in this type of deal?

The other reason is that tax assessors may use different methodologies to value the property including revenue potential.The key items that play a role in the valuation of commercial real estate property include:Property Type: A storefront is for example taxed differently than an office building.Location: Rural regions tend to be taxed at a lower rate than urban regions.Government Spending: When there are different funding needs, it can determine how much of that revenue comes from taxes.Market Shift: When the market shifts, property values change which can lead to a change in the assessed value.Let’s talk a bit more in depth about how the commercial property values are determined.

Hey Aaron,@Ken Boone is spot on with the type of Arcade furnishings/entertainment.

Hey BP Community, I'm wondering if there are advantages/disadvantages from getting a HELOC from a local bank or a mortgage company.  Will either have a greater likelihood of offering a higher credit line? I'm planning...

I see this type of question a lot.  

Purchase price: $240,000 Currently practicing co-living with 4 tenants for the past 10+ years and looking to scale to more properties this year (at least 1 property per year) What made you interested in investing in this type of deal?

This is the type of work that sets the pros apart from the novices.

I said I didn't want to bother them with petty things and they said "We know the types of tenants this guy is putting in here, so if you feel even slightly inconvenienced, please call us."