I am setting up a retail fund soon for strip centers etc.I would talk to a couple of different people to see what is possible.

If the sellers are turning this into a carnival and they want you in the center ring...  

In the apartment world you would be looking at floor plans, pool, fitness center, garages, etc. to define the different levels. 

Staging is key in todays market.You have to do what you have to do to sell.Too bad I'm not there to help.....

Greetings,In general, most LLCs are not necessarily profitable in their early stages.

One of the most trusted sources for real estate data in Texas is Texas A&M's Center for Real Estate Research.

Never have knives or breakable glass available in the kitchen if you've staged it.

It was a former gas station in the center of a new and booming arts district, but even if they did the owners liability was 10k with the likely possibility of a windfall in the form of remediation management (sort of like insurance in the event of worst case).

Just in the beginning stages of thinking about this and would like to hear the pros and cons. 

If you want to succeed you need to move out of your denial stage and realise that selling is the right and only option if you plan on moving forward.You can polish a turd until it shines like a diamond but it will always be a turd.