I do think that it will improve. 

New roofs have been done, sidewalks, landscaping, etc. with more improvements to come.  

I believe the owner has the financial resources to make the repairs and upgrades, and I think that would be a better way to go than encumbering his/my ability to raise rent as appropriate as the weatherization, and other improvements, are made.  

Hello, I'm always looking for ways to improve my community and to grow my net worth.

Looking for advice on this deal as I have never done a commercial deal.Property type: Mixed use condominium (nonconforming use variance) 1500 sqft beauty salon lease expires next year, they are asking for 4 year renewal, 500 sqft storage stable income long-term lease, parking revenue in a poolSize: 2000 sqftPurchase price : $600,000NOI: $48,000 (7.5 cap, NNN)Location: Honolulu, HICondition: Good, HVAC just replaced, needs $10k in improvements to flooringI'm interested in the property because it's a high cap rate for downtown Honolulu.

Many Lenders that offer 100% Financing are less than scrupulous, and this commonly considered a red flag if you see it offered.One thing you might consider: seeking an equity Investor interested in going in on a Joint Venture type of deal.

I also own the cash flow games 101 and 102 and they are a great way to learn how to improve yourself.

Electric use is not going to decrease in the future so I see no reason to delay making the required improvements. 

2) if so, my plan is to improve this property (with other SDIRA funds) and sell within 5 years -  then 5 years from now could I wrap the owner finance to the new buyer?

My improvements were replacing the furnace, adding c/a and adding duct work to bring basement returns back to the furnace and a/c.