If you want to do transactions as an agnent it can be very valuable.

I'm sure you've found that there's a lot of valuable information and networking here on BP.

I think the experience was extremely valuable to me.I mean how often does a guy who used to invest in single family homes get to participate in a project as big as this?

I agree completely that it is a valuable (arguable the most valuable) life skill to have.

Worst case, it doesn't work and you learn some valuable lessons.

Also, I've attended one of the Traction REIA Saturday events (Michael Blank, Multifamily) and found it to be full of valuable content.

The 28 acres it sits on is highly valuable land, the park is dilapidated, and the owners are behind on taxes.

My wife and I are tag teaming the Podcasts, valuable information from your guests.

Basically it boils down to a simple equation of dollars becoming less valuable because they are diluted therefore RE and other assets are going to increase in value relative to the dollar.

As a home, this will have external obsolescence issues being in a commercial area, financing will be difficult and demand will be lower for residential use, thus the lower price.Might look at it as a demo, remove the house and build an appropriate structure or sell the lot, commercial lots can be much more valuable than lower priced homes.