In fact, you could go new, with an extended warranty on the washing machine to hedge your bet.

I would bet this building has 15,000 square feet of hard to utilize area -- warehouse space in primary retail area, second floor area, back lot, etc.

Id bet you money this isnt going to happen and is a waste of your time.

And knowing prices in many other areas, I don't think this is unreasonable in many parts of the country.But again, it's going to differ based on several factors and getting several bids is the best bet...

They are hard on the rentals, not to mention waiting for +40 years for an investment payout on a nickel and dime bet on housing in a very poor area is not a good investment strategy.

For Tax purposes your best bet is to start an LLC and DO NOT elect any other status.

I got tickets to the conference because I'm betting that we will get out more than the $1500 we will spend on it!

I wouldn't bet on "busting the comps" or getting it to appraise...

Sorry, I don't believe you -- I'd bet that you're either making up numbers or don't understand how your business is taxed.

However, even if they were taken by an OO buyer I still made offers on them anyway betting that some of them wouldn't close and FNMA would come back to me as a back up offer.