I would finance it for the price of approximately 130k after taxes and would pay about 15k to have it installed (which can be financed with the board as well) The billboard company hasn’t given me a down payment amount but I’m thinking I can get it around 5-10% The location is right by the exit for a large casino that is already willing to rent.

@Raman Saka  Let's take a look at your game plan and where you are financially today. 

I'm happy I did it and used it as a learning experience before converting to long term rental which has been good consistent income 12 months of the year with great tenants.I agree with @Chris Lopez and find something that is a base hit, get in the game, make mistakes and learn from them.Best of luck!

I'm looking for a CPA who can help me set a game plan to be successful for the long run.Thanks in advance!

Then they use some kind of algorithm to crunch this all down into a "tenant score".Especially if you're new to this game, don't let your gut feeling about someone override the numbers data.

I acknowledge that this post will upset a lot of people with a lot of skin in the game.

It is all how hard you want to play the game. 

The real estate and the business (bar w/ liquor & gaming licenses) sold separately.

They have more skin in the game then you do.Make sure you get clear title.

Even more local investors getting into the game too because everyone has a HELOC now with home prices going up and are looking to utilize that money.