The license fee part is managible.

You would need to contact the decision maker at the bank or investor to even get the property under contract and that won't happen.Most banks use internal or 3rd party asset management companies to liquidate REOs.

The part I like is the security of having 30 year fixed rate loans at ~5%. 

That's the part I think will not work... keep us posted though.

@Jeff Oberts what @Andrew Boettcher said.The lease stands as is until it expires.

In the event that they can sell recreational marijuana in the future, it may increase a different kind of traffic, but I wouldn't worry about crime as much as other tenants in the center not being a good match if it's not free standing. 

.  :-)The funny part of that , well the sad part ,is the average slob watching tv won’t put two and two together to see the internal logic flaw involved lol I’ve heard it said the average television program is based around the mentality of a 12 year old viewer .

Live in flip: I could convert my home from a 2/1 to a 3/2 (there's a stand up basement, unfinished, in my home.

So here's the story.  I'm asking for good friend who for some reason doesn't and wouldn't join biggerpockets after we were talking about how great REI is. He was asking me what I would do.  His father bought a multifa...

Ways to make an offer really stand out?