The area keeps adding new restaurants, breweries, and infrastructure projects (huge repair/pavement on Cicero in last week).

We have ideas on ways to capitalize on the space and encourage timely payment compliance from the renters, which he did note has been an issue.A restaurant right near it has just changed hands for no less than $220k.My question to you guys is two fold: What else would you be looking at/for?

I bough it for roughly 87k, and I purchased it because the area is growing and it's close to entertainment (Football, Baseball, Six Flags, Hurricane Harbor, Texas Live, restaurants, bars, etc - You get the point).

Border Patrol will always be there as Ajo is 40 miles north of the Mexican border.

Also Tom Larsen has an REI group meet every month @ the Protocol restaurant on Transit, http://wnyrei.com/application/. 

Class A locations are areas with the newest buildings, hottest restaurants, best schools, wealthiest people, and highest-cost real estate.

This leaves 10% for profit, unexpected items, and holding during the flip rehab/construction.If I wanted to work for peanuts, I would not be risking my own money to do so (I was going to list some fast food restaurants and retailers but did not want to insult either the merchants or those that are working hard for those merchants - no shame in earning an honest living).  80/20 is a formula for not only possibly working for peanuts but possibly losing money for your efforts.A bad investment is worse than no investment.Good luck.

Tenant A is a restaurant and business expands and water usage goes up and the Tenant B complains that they are subsidizing the restaurant.

There are still deals to be found in those markets, too.You have all the benefits of Detroit - large metro, restaurants, stores, major airport hub, but without the risks of crime and city dysfunction. 

@Jeremy Ballard East Montgomery is very convenient to shops & restaurants and is a nice area to live in.