For a building that size I would expect they would have had someone like a John Burns or someone else provide a report to understand the comps and current absorption rates and vacancy rates for this class of building.Now that you have invested, it cannot hurt to go out and view the property but what are you trying to accomplish by visiting ? 

They are out there but rates pretty bad seen stuff in the 9s 

You can always do it again as rates drop if they got down to that level.

Thank you so much for all the great advice!!

As @Robin Simon noted this deal is going to be too small for most DSCR lenders as their min loan size on these are $250,000-$500,000If the property is not rural and you need to do a DSCR based loan, I have an option with a minimum loan amount of $100k however the rate will be in the double digits. 

Not all loans ballon at 5 years, some reset and the rate floats.

It’s a great way to keep your options open and maximize the value of your investments.

To be honest DSCR rates have dropped significantly over the last 3 weeks.

What made you interested in investing in this type of deal?

It depends on what you are spending on the deal.Sounds like it is about 50% expense ratio at 54.55% which I think is along with industry standards.The net income looks like its $23,543 for the seller.What is his interest rate?