That is a ploy to promote the omission of facts that otherwise  would likely result in most unlicensed brokers being told to get the heck out.

On top of all else, the property has a $30K mortgage.The possibly enticing piece (apart from some really nice antique stained glass) is that there are several vacant lots around the property that are included in the deal.

That would cost you approx $40-50k but helps solve your parking issue by promoting public transportation to and from your site, it increases the City's public infrastructure footprint, and adds value to your commercial property.

You may need to entice and investor with a better deal than a more seasoned investor would. 

But wait, why would that deal be enticing to an investor?

We cannot self promote on here but I would be glad to help and have deep roots in Texas to assist you and your wife in your investment objectives in any way I can.

I am in no way promoting Zillow.  

BTW, the retired former Long Beach probate judge was a guest speaker at my  2011 seminar, Probate Secrets Unlocked, as was my friend (and competitor) JB, as well as a key area probate attorney.I know there was a guy running around SoCal promoting that he put probate short sales together.

Can you elaborate on how you promote longevity using a month to month agreement?

If you want to stick with houses and small multi-family, then partnerships are the most flexible, but also risky, as there really isn't any protection for you, like you would find as the General Partner/promoter in a syndicate.