Thank you @Jeremy Pace

I have worked the retail side of Real Estate and will continue to do so to remain active and informed on the growing real estate community here in Charleston.

Neighboring residential and retail development stalled and ended up in foreclosure.  

Retail price per square foot in Chicago is $150 to 200.

It was to the point where she was paying retail just to do it.She bought an apt building that chewed up a big chunk and then bought a 120k house that was worth 120k just to use it all up to avoid taxes.

@Jeremy Pace thank you for the tag!

Buy and hold is not going to generate chunks of cash fast.If their goal is create passive income, then the next question becomes - do they have the cash reserves to grow a portfolio at the pace they're looking for.

Here are a list of some of our warehouse tenants:Custom door manufacturerMail order retailer; expanded from someone’s home business into small unit with lots of shelvingLocal brewery, a start-up company Maker of pop-up displaysAwning makerMoving company, storage until home is readyMini-blind curtain makerShoe designersEngineering firm; tall unit divided, they got top floor with offices/carpet

For the right price, (remember, you want to be fair by including that it wouldn't cost retail because of the condition) you can hire out all the work.

We stopped doing this early in 2013 when Jim Grey (a staff member) discovered in a conversation with CFPB personnel that they were writing a rule proposal on servicing that required that anyone buying loans - such as a retailer or community owner was going to be required to have the same licenses as the RMLO/MLBs - and that MLBs were also going to need state issued lending licenses to retain service.In January of 2014 the new rules on servicing went into effect.