It would have to be an incredible deal for the payments not to eat up all your cash flow.

Just give 30 day notice and eat the utilities and move on.

Chasing yield to make the magical 50% rule estimate of expenses work on a pro forma basis can eat your lunch if you aren't careful!

The place will be sold by the time I go to buy another property adn the rest of them cash flow very well. ( by bank standards one makes 1480 after rent8.75-PITI, another about 800 after the same, I know that's not the real cashflow but for qualifying it will be bonus to my DTI) should I not show the loss on my taxes and just eat it (since I don't want to risk not getting a loan if it hurts my DTI) or will it not matter to the bank since it is sold and was sitting empty since I am looking for a retail OO buyer.

I may eat supper at Gumps and then move to the lounge.

Ed,People can file fake liens all the time.You can go through steps to get the lien removed.Right now it is a mark on the title.If this is a big a deal as you say then you and the other agent eat 300 bucks each and be the hero.Time is money.I would much rather have the cash now and do more deals.Right now the seller and buyer are lined up.If you wait to clear a lien things and personal and business situations can change and kill the deal.Did the lady return the 400 the seller sent??

Is there going to be breakfast/snacks to eat at those times our will be need to have eaten before then?

Commercial real estate is very lucrative, but the costs (due diligence, carry costs, closing costs) can eat you alive.

I'm trying to maximize my experience & would like to eat with at least one new person at every meal.

Eating cheaply or at fun places will be no problem.