I dont think you would be trading fish for fish, but rather speculation on more appreciation for more cash flow depending on what your rents are.

Who says there's no cash-flow in the Bay Area and appreciation is speculation?

Other strategies might be easier to break into - like house-hacking, or BRRRR with lower end rentals.Of course, if the market appreciates 10% in the 12 months you hold your property during the flip, you might make a lot of money anyways, but hoping for that kind of appreciation might be pretty speculative.

But I think the market is speculative ....Please let me know for your Airbnb.

I know her COC will probably be better here in Denver in 10 years compared to the typical CF markets due to rents increasing here at a faster rate than the rust belt and midwest, but I also am aware that that isn't a guarantee so it's somewhat speculative. 

Just to clarify I'm looking more for advice on general holding of commercial property in a speculative area, rather than specific advice on Canton, but everyone's opinions are appreciated.

IMO that’s fine from a speculative point of view; however, I think it’s reasonable to pay a fair rate for the occupied lots and discount the rest...which is how I got to my number.

And its really tough to find cash flowing deals here now vs. what you could find five years ago.I think Denver may be shifting to more of a speculative market like the west coast.

That said, after talking to some banks it sounds like this is possible for me despite its speculative nature, but with terms in the neighborhood of 20-25% down and 15 year fixed maybe a 5 year 20 amortization.

I could speculate and go for the larger building (I'd have to have an equity partner to cover about 45% of the purchase), but there is a lot of upside potential (zoned nicely, up and coming area...).I'm just trying to understand the decision making people go down.a) I could probably make more money reinvesting in my existing business or starting another.b) I don't want to be a landlord at all, hate that thoughtc) If I do sell my company, I'd be interested in selling a building I own along with it, or at least signing a long term lease with the new business owner--I am leaning towards seeing if I can renegotiate my lease at the existing place or find the right 12,000SF building in town to swoop in on with cash in hand....Choices choices!