It depends.

I get it .. but I also know how tough this business is and 97% of the people simply are not going to buy their way to success.. just like 90% of the newbies that post on BP will do exactly NOTHING in real estate we all get fired up.. but there is only so much of it to go around.. its FAR harder than it looks and it does either take some real good innate skills or lacking that some good liquidity so you can buy into the market.. thats why the Vanilla rental house game is so huge right now.. anyone who can fog a mirror can understand.. buy a rental put a tenant in it.. collect rent... past that when your talking about these more complicated transactions pretty tough to have no experience and just pay a few bucks and your going to be knocking down 250k profits.. its no different than the wholesaler guru who pitches making 20 to 40k a month .. can U yes how many do maybe 1% who try... or the guru who teachs flipping and making 50k per flip one a month... again how many can do that not many... one they don't think it through.. if your going to do 50k flips and one a month and you have 6 to 9 month cycle you need to buy 6 to 9 projects before you turn one.. how many starting out can do that.it would be more realistic to say hey start with one in 6 months then do 2 and maybe in five years your doing 10 to 15 a year.and or it really depends on markets... but gurus talk like all markets are interchangeable and they simply are not.

Also depends who you intend to rent to and the pet policy. 

Buy a neutralizer, spread it around heavy, poly film it, come back in 24 hours, ozonate if there is still smell (likely for a couple days or more depending on smell and ozone capacity of machine), then you’re probably sanding and throwing down whatever stain /polyurethane you desire.

(BP will be the new brand- 10 year lease with BP)Store was heavily dependent on game machine revenue which is 45% in state.

Secondly, depending on the interest rate you get for the new loan - a highly leveraged property may not cash flow or cash flow well - so one missed month of rent due to vacancy or a major expense comes up - that wipes out your cash flow for the entire year (or more!). 

Depending on the area, you can get 1k or more per room.

I'm curious what kind of list he used.If you work with a list broker they can suggest lists that can be customized to your area and investing goals.Absentee Owners have been the go-to list for years, but in a competitive market like yours, you need to get creative since it's safe to say that the absentees have been getting multiple offers in the mail.Consider Owners with Low Financial Stability Scores and Seniors with Long-Time Ownership.

The purchase price for either building will depend largely on the NOI.Rents go up and rents go down.

If your retirement utterly depends on having adequate cash flow from your properties, any downturns will cripple you.