Tap equity and hold what you can.

@Edwin Wong remember also... if it is a tear down you will get the water and sewer taps (assuming not a well and septic) which in denver cost around $35 to $40,000 and if they are in good shape you will save $ on the install of them also (another $10-20k)...  

It is interesting to weigh the cost of demo vs buying raw land and having to pay for water taps and power service.

We have yet to take the TAP class, but will be looking for opportunities to expand our knowledge in real estate when we get to that point.All the best as you transition~

I'm in pretty much the same boat as you, age wise, and we used a heloc to tap equity to get started.

They're going to need a certain water tap size and electrical requirements, fire suppression etc which will all hinge on whether they're a brew only,  a tasting room, a restaurant, size of their tanks, etc. the beauty of commercial is that the tenant takes on the burden of build out like that... of course the landlord pays by giving them rent credits.

You would need to know if you have other options: Is public water and sewer available to tap into, is there enough land with the park to dig a new well or place a new lagoon system is these fail, will the county even let you upgrade or put in a new lagoon system, etc.I have a few parks with septic tanks, none with wells. 

More than anything, I wanted it to have meaning for not only me but for my renters.There are loads of naming resources online that you can tap into for ideas.

What about the "which side of my face I tap my pen on"?

This tapped our money and energy for most of the year.4) 2013 At the very end of the year, however, I was able to purchase a 1999 duplex in Greeley CO, both sides have 2 bed/1ba/2 car garage.