Or any other business owner building a new office builder or shop or whatever..

Then there's the various colleges and universities that draw people for education and employment, manufacturing in different areas, shopping, and of course things like Disneyland, etc.

I am prepared to walk away if that's the prudent decision.FYI, this is for a Buy and Hold, not a flip.Here are the vitals - let me know if I have missed anything:Asking price: $100K (this is an FSBO, I am working with a buyer's agent)Our offer: $90KEstimated Repairs: $5KClosing Costs: < $1K (we are paying cash)All-in: $96KARV: $125KEstimated Rent: $1,050 - $1,150 (but based on rental comps, $1,050 is on the very low end)Property Taxes: $1,178/yrInsurance: $750 - $850/yrThe property is in a great neighborhood with pride of ownership, excellent school district, minutes from shopping, a major state university, etc. 

These offer a similar level of security but some you can walk to shopping and have a positive cash flow. 

Show your wholesaler you are a serious buyer and you don't want to be shopped around.

There will be a big shopping complex in the not too distant future with a Wal-Mart I believe on the other side of 83 (Remington). appreciation?

Here is my situation: my father is trying to retire and owns an auto repair shop in Madison, Wisconsin free and clear.

Centrally located near the shops and public transportation, and schools. check check check. 

Getting someone close to nice schools and shopping is always a plus.   5.  

There are a huge number of vintners out there, so it's difficult for customers to price shop.