HI, I am looking for RE investors' insights about investing in retails/retail shops in Snohomish, will appreciate for any guideline. B/rgds,Michael

Mine has 1.5 and more square footage if you count the carport, front porch and back, screened in deck.

The problem that I am having is that when I use the four square method for analyzing rental properties I am getting a cash on cash return of about 6 to 7%.

.)- Square feet: 1,254- Let me know if I am missing any information.The property is a 3 bedroom, 2.5 bathroom townhome that is a end unit with a garage built in 2003.

250k is not realistic. the existing house footprint/square footage could be the maximum build already, so no expansion is an option at the price point. 6 months to evict, 2 months to renovate, who knows what condition it is in, 2 months to sell.

Let's say the building is an industrial basic steel building that total will cost $500,000 to build, and it's a 10,000sqf building renting at $.06 per square foot.

Asking is at about 42 per square foot.  

But they're asking $36 per square foot above the average for the neighborhood, and there are simply no comps to justify this asking price.

The square footage I'm looking to finish is about 500.

The seller had purchased several lots/houses in the suburbs of Portland and listed a few and was starting rehabbing a few.I was preapproved for a 203K loan for $690,000 and I got a few rough estimates of $130-170 per square foot.