But we kept going and we filled our environment with positive thoughts and like minded people.Good luck

If you are interested in finding Mentors, I recently wrote "The Ultimate Guide to Finding Incredible Mentors" - check it out!

The taxes are incredibly high for this type of commercial property and I was hoping somebody might have some advice on why it is so high and how/if it can be adjusted.

I was incredibly concerned about finding tenant after reading all the horror stories but at least in my case it was an incredibly smooth/fast process.

@David Faulkner @Jay Hinrichs Your strategy seems to be the approach experienced investors take advantage of in those low cap rate environments.

I'm sure it would be incredibly helpful to be from the construction industry, in order to do your renovation estimate and manage or do the projects yourself. 

Not permitted, especially on something like a whole new floor, can be incredibly tough.

Finance--Car loans are incredibly cheap.

In an environment such as we presently find ourselves, where interest rates really have only one direction in which to move, you can either pay your lender to hedge the interest rate move (i.e. place a 5-yr or 10-yr fixe rate mortgage) or, if you have the discipline, you can hedge it yourself. 

Very different environment.