You might find in your inspection it's all badly constructed/rehabbed and you might even have to cut back into the work done.Also, you could have a falling out between the partners, that happens a lot.You price it accordingly and make your offer and then roll your offer in every 14 days until the tell you to get lost...and then start again under a different brand :) You won't win any popularity contests, but you'll win a few deals.This of course is only if you really want it...be careful what you wish for.

Falling into analysis paralysis is the last thing I want to do, and I understand that making mistakes is a great way to learn, but I don’t want to make any mistakes that would prevent me from moving forward with making this into a functioning business for myself and my partner.

We rely entirely on Craigslist for advertising, refreshing it when it falls to the bottom fo the lsit, and being very descriptive with photos and features.Seems like this would be a good time to rent, with people getting tax return seed money.

I am new to renting a commercial space and had a question about what falls under the NNN and what the new leasee is responsible for.

I would love to do this full time, and just be a silent partner at my gutter and sheet metal business.

If your numbers are correct, then this would fall into that category.

They may well come back to you later if the higher offer falls through.

If the investor/partner doesn't know you well, how does he know which group you'll fall into?

The "it depends" is the only correct answer, so you're 100% correct, but the problem is that I have to place an option bid and the price I'm willing to offer stands or falls based in very gross estimates on how much the work is going to cost me.The thing is this: I might get it at 350 USD/sqft and these apartments sell for an easy 650 USD/sqft.

Another con of an LLC is that you can not represent the LLC in court even for something as simple as an eviction.After reading on these a lot I am still not convinced a lawyer can not simply "pierce the veil" and sue the "member" directly in something like a negligent slip and fall etc.