You had me at 'before and after'.

Erich, you had me at historic...

The owners are very smart people and have done a great job marketing their services to owners.Red Rock Realty Group - Red Rock has been around forever.

->if they can start right away it might be a red flag, good contractors have work lined up…-Where are you located ?

I once looked at a property (the limit of my experience) that was formerly a dentist office and the presence of and former use of x-ray equipment was a major red flag.

The Boston AREIA is in Medford and should be just a short walk from the Red Line (Might be on a bus route too).  

I couldn't agree more.However, I was once asked by a legal person to find all properties vested in the name if the American Red Cross in a certain county, They really didn't know!

I tried to figure this step by step on the napkin from the article Rental property numbers so easy you can calculate them on a napkin, and came out in the red.

Buyers told me at closing their agent was so incompetent they had to call his broker 3 times to get him to return their call.

You may have months and years where you're in the red, but if you have adequate finances behind you, you should be able to absorb those.But if you take one thing from my rambling, let it be this: Come to an agreement (written) with your partners, specifying what will happen if it goes to ****.