This would help curb a lot of the pressure associated with this first investment, as having a solid game plan (for every step of the process) will definitely reassure me.

The owner is strapped and pressured because of his own failures, so he sells the building at a price that's generous to the buyer.

No pressure really.

If it is bowing in to the basement space, there is significant pressure being put on the wall from the outside.

This is the Carondelet neighborhood, right on the border of the Mount Pleasant neighborhood; much rougher turf.

But that can add pressure to an already challenging time overseeing the reno & looking for quality tenants. 

@Brian Feeny. 7 years ago I compared Home Depot and Lowe's I chose Lowe's they had a better quality cabinet in 15 18 21 24 inch so it was easy to lay out the kitchen 7 years later they're still in great condition your second option is painting the cabinets and just buying the front doors and refacing your cabinets the front door's range anywhere from $25 up to $50 per door the pain is mounting them but it's done right they look pretty good

And I told them that I would move in at whatever pace they needed, so they didn't feel any pressure to find their new home.

It sounds like there are plenty of people in your area so likely someone is motivated.If you have little competition then there is less pressure to do a deal before you know the facts.I would not worry too much about what you have found so far.

It is located in Mount pleasant and we got it offered at a great price.