I would just count this as a cost of doing business.I also think it's probably hard to enforce tenants killing some grass.  

You being from Decatur, you are much closer to Chamblee.

If I were the investor, It would appear to be closer to a 90/10 or 85/15 to me, unless you at least were the guarantor of the note(s).

Thanks to everyone for the feedback.K.marie P. the seller was a senior who decided to move across the country to be closer to some family on the east coast.  

If it helps, I have NOVA clients that shop in areas closer that are MUCH cheaper.

If you are looking more north and closer to you, then you can't go wrong there either.

@John Berg we were probably closer to $100/sf...  

Her motivation may change as we get closer to July, I believe her job is ending at that point. 

A cemetery meets all those aspects, the down side for owners is that tenants won't ever cut their grass, so there is maintenance.Wasn't talking about the cemetery set for the Walking Dead, sounds like a party to me.Investors need to think outside the box, long term use, where customer expectations are low, high demand = higher price for available space. :)  

I spoke with another investor who owns a townhome and he agreed with you that $170 a year is closer to the mark.