The other tenant wants expand their usage (restaurant) from 2500 to roughly 4500-5000sq ft, which would require some remodel (not sure what to do here).Taxes are $13k for '09Property built in '71 and had extensive remodel done in '99.Seller is willing to credit $16k for roof repair.Property has roughly .75-1 acre of empty lot space for future development.Where would you start in analyzing this deal, given that structurally the building is sound and sellers are willing to make repairs to roof?

Here is some language from our standard LOI that may prove useful for you when determining what data you need to collect from the seller:Due to the extensive due diligence that will be required to fully investigate the physical condition of the Property following execution of the Purchase Agreement, the Buyer shall have sixty (60) days (the “Feasibility Periodâ€) from the date of delivery of the Review Items listed below to Buyer,during which time Purchaser shall conduct its investigation of the Property at its sole expense.

All government business will be conducted in our language

I have recently researched Lonnie styled mobile home investing extensively.

Also, what do you guys do about when tenants call about extensions?

I have the knowledge to identify a value play, negotiate with a seller and/or broker and offer creative deal structuring to provide a no-money-down strategy.The Good:The knowledge and expertise of both speakers was extensive.

If you're signing as an agent of a company, you would put your title and company name, too.I've used eContracts extensively.

An insurance premium on a liability policy or ectend coverage is a lot less than interest and it's expensed as well.If you look at the number of landlords that actually lose law suits and how they conduct their business and keep their property, you'll probably find they are negligent.

Where the problem comes in (as I remember) is when you do so many (5 if I remember correctly) purchases and sales in a year, Michigan classifies it as a business and to conduct a real estate business (market, sell, buy, manage, etc.) in Michigan, you need to be a licensed real estate person.

They were also "quality banks" I knew the loan officers and knew they did not take junk to begin with, so the only real down side was that a house would need extensive repairs.Better yet, as I have said before, make friends with loan officers.