If you have to do a full blown site plan you could spend a few hundred grand there, depending on utilities and infrastructure a few hundred grand and depending on what your building (warm dark shell, cold dark shell) and what type of retail (restaurant etc) costs vary significantlyAlso are you providing TI ?

(less docs to qualify, higher cost) A national portfolio lender I use when needed offers rental loans at around an 8.5% interest rate, and a few grand in costs.

(If I remember correctly, Jay Hinrichs posted his contract where he states explicitly that he might make "a ridiculous assignment fee" and has no problem telling a seller he might make twenty grand selling their house.

I was making this post to see if anybody has ever bought 8 units plus in any of the Rio Grande Valley cities like McAllen, Brownsville, Edinburg, Donna, Harlingen, Mission, Weslaco, etc. 

Bad areas in LA means break-ins, assault with deadly weapon, grand theft, and rape.

The grand prize for deferring this maintenance is to have to open up a wall or ceiling to remove a dead one.

not sure if that is technically probate or not --i bought one house out of probate auction last year, but don't understand the exact legal definition of probate most likely...so there's the run down: house being demolished in 6 weeks when city will slap a huge lien on property, back mortgage payments, back taxes, and also other misc. city liens that add up to a few grand as well....as you can see, i don't think this is a case where the daughters are profitting much, and they seem like they want to sell..we just want to make sure we don't endanger their medicaid..thanks!

I know for a fact that the franchise is well worth the thirty grand, and just because I don't have the money to do the business, or buy this franchise, does'nt mean that I can't make money with this franchise.They not only give leads where you can by the properties from the owners at 65% of as-is value, but once your in, and have pay the fee for the franchise, they also finance the properties for you, and have on-going training.I'm 48yrs old and have been around the block, I have & will due my due diligence.There is way more pessimism on here than what I thought there would be.

Another thought that has to do with perception......I have been driving a 2001 Pontiac Grand Prix since my Senior year in high school.

A duplex that I am house hacking with my wife and son in one unit and my daughter and grand babies in the other.