Restaurants are very common, almost the only way to sell some mom and pop joints, smaller non-franchised motels, retail stores/business.

My experience in Real Estate has been in Pop Up Retail for Experiential Marketing Agencies, mostly in NYC.  

My third offer was accepted after some negotiation, and of course now I am scared I am going to buy this property and not get the cash flow I think it will do and lose my $30,000 I have saved for this.The property: Foreclosure, purchase price is $74,000, 2014 taxes $3897, $1,750/mo historical rent (anecdotal from agent who did cash for keys at foreclosure)I believe it needs $5-8,000 in preparation and repairs to be move-in ready Unit 1: 1 bed/bath, ready to rent, maybe 1 hour of cleaning needed, told it was getting $450/mo before foreclosure.Unit 2: 3 Bed 1 Bath, Some "Honey do" type repairs needed and painting, should have no problem completing it myself in 1 week. told it was getting $750/mo before foreclosureUnit 3: 2 Bed 1 bath, needs all new flooring, some mold cleanup in bath and would benefit dramatically from counter replacement in kitchen, told it was renting for $550/mo before foreclosureThe Market: 5% Pop growth, 7.8% vacancyRoom to grow rents from historical: here is the fair market for rentals:One Bedroom $562Two Bedroom $737Three Bedroom $994Am I doing a good deal in your opinion?

Their full name will pop up below the window you're typing in and you can click on their name, it'll then insert and be highlighted blue.As mentioned, DIG is great and there are other local meetups too.

However, if I want to finish that floor with tile, a"quality" professional would know that you need at least a 2x12 and two layers of sheathing to keep the floor from bouncing and popping the tile.

If you look professional, as opposed to a mom and pop operation, some of the less desirable applicants will not bother as a professional company will check backgrounds and credit histories.

It will be hard with the limited cash you have to take down small strip malls.Unless they are really old with mom and pop type tenants.Do you not have partners you can team up with for a group??

this can be an additional 2, or I can take the small, immediate pop and run.

And if Murphy pops his head up on a 200K property that can easily be gone and you'll be spinning your wheels for nothing.You also need to examine your own skills and your ability to flip a sow's ear into a silk purse.

"our company doesn't allow this, try and find a small mom and pop direct lender and maybe they'll do it".I'll keep trying but if I can't get an MLO then I just have to assume it isn't feasible and I'll have to go the route of a standard owner carry back via escrow.