Having once worked as a non-emergency medical transport driver, being financially independent means affording the best nursing care (when I get to that point) possible and not be dependent upon the government paid facilities that honestly scare the blazes out of me.

I probably getting overly excited but I figure this could be a good exercise for practice.It's a SFH, one story 2BR/1Bath, build in the 50s on one acre of land in the DC metro area.

., retails/shopping centers/malls, office buildings, or medical building) in the Southeast corridor of the U.S.Besides conventional commercial RE brokers, can anyone suggest any other good sources or websites where I may be able to go to find these?  

So they don't want to take title.Wait, way more ideas:  One of the heirs is receiving Medi-Cal or other public assistance?

I know crime rate is high but I am looking more around the Kaiser Medical Center area which has lots of new developments.

Hey @Orion Walker great thread you have going here and excellent exercise if nothing else.

Let's say the T/B exercises the option to purchase after 12 months, can I pocket that $3K in the beginning of the lease agreement and then the remaining $97K is financed?

For now, this is an exercise for me to learn how to evaluate these larger properties and learning the more in depth steps.Here's the pro forma: (BP won't allow any HTML Tables so this is ugly, first # is soft, second is monthly rents, and third # is the rent/sqftAutomobile Repair9400 -- 3000 -- 0.32Church14300-- 2000 -- 0.14Jerky25600 --- 3500 -- 0.14Restaurant3127 -- 1750 -- 0.56Listed as Rented buy Google says is Vacant2400 --- 0 -- 0Rock Climbing Venue2000 -- 1200 -- 0.6Smog Shop2600 -- 1500 -- 0.58Gym7000 -- 1300 -- 0.19Vacant11000 -- 0Totals:77427142500.21Calculations:Listed Price$1,710,000.00Listed NOI$171,000.00Listed Cap Rate10.00%DP 30.00% = $513,000.00Financed$1,197,000.00Debt Service @5.5%$95,760.00 (15yr Amortized 30)Cash Flow$75,240.00COC14.67%Debt Service @3.5%$83,790.00 (15yr Amortized 30)Cash Flow$87,210.00COC17.00%A couple things to note:1 - There's a wide swath of Tenant Classes 2 - I am aware of the environmental concerns of the Smog & Automobile businesses. they are on the back side of the property away from the retail in a separate set of steel warehouse buildings.Tagging @J Martin -because he wanted to stay in the loop on this.

Underwrite where they are, not where they were, reason for BK and FC, was it due to gross mismanagement of their money or did the have medical issues or loss of job, things beyond their control.

I did more investigation and found that she only has one active trade and the other derogatory accts are from past medical bills from child health complications.