So I have 2 friends with money and we've put together a pretty good plan for building a buy and hold business and them getting safer, secured returns on their money.

But not a bad rate..If he doesn't want to drop pre-payments and you really want the financing (and you plan on holding), try to negotiate a declining prepayment penalty for the first few years when you expect it will have no impact on you.If he's trying to invest money 30 years at 6% secured by real estate, send him my contact info and I'll give him a nice fat note secured by my CA property and give him pre-payment penalties for the first 10-15 years..

Also, many times the prior owner has run off with any security deposit.

Bought new large machines for about $1700 I believe (delivered, w/ heavy security covers for coin boxes), so they should pay themselves off in about 2-3 years.

My day job is Avionics Software Engineer, so I am trying to learn how one evaluates such commercial properties and how one obtains factual information to based investment decision on such class of properties.The broker who proposed this purchase provided nice graphs with comparable curves of average vs. the property metrics, such as prices per sq.ft, vacancy, price per unit etc.However, the report is missing correlation to a specific properties the comparison is based on.Am I being unreasonable by asking comp information that is customary for SFR and low count multi?

Make sure you don't by an expensive software program to do this.There are products sold based on saving mortgage payers thousands of dollars.All you have to do is what Steve said above...and it is free!

We use the same MLS software and last night I got the same thing.I have several saved searches/auto emails setup so I can know when certain things come on and off the market and last night the system deactivated every search I had because it responded with more than 400+ listings for each search all at once; which I guess is too much for the system to handle.I went back in this morning and manually checked and reset it, wasn't legit.

If I were young, had a SECURE job that I could make a living at in these times, you'd have to get a team of wild horses to pull me away.

The sale of an LLC is not a sale of real property it is the sale of a security since that is what you are selling, shares in the company whether in whole or part.

A lot of people do that to secure the homes.