Cash flow is the name of the game. 

I’m learning a bit myself, but I want to at least share a couple of my initial thoughts.First, an asset will make you money but a liability will cost you money.Next, I see two ways to look at the situation: a) the short-game, b) the long-game.The short-game is to view the property/opportunity as a way to pay less while owning the building.

It's a little late in the game, but get what's called an Estoppel Certificate from both Seller & Tenant.

Maybe you watched game tapes.

Don't be anxious to get into the game.

It's a bit of challenge finding good folks for this building given the area, but the long game might be more synergistic.

Neither party really has the ability to fully control the agenda so both are going to need to accept some significant compromise positions, and where that will fall is at this point just a pure guessing game.

How did you come up with your game plan?

With residential home prices at historically high levels, we are looking at off market homes to Live in and Flip to get started in the game.

Would love to talk about your strategy and game plan, how you are finding your deals and such.