I have put in about 15 thousand in upgrades over the years(have all the paper work to prove).

I bought this condo in cash as well as other 5 condos, (no lender)So literally it's way far from the negative cash flow.

Over a thousand jobs have been lost. 

The problem is there are thousands of pages of tax code and they are constantly changing things. 

I literally am super NEW!

Most commercial loans are 5 year fixed when you are first starting out5.5% - not great, but at 20 year fixed it becomes fabulousCommitment fee - very reasonableprepayment penalty - normalappraisal - $500 is CHEAP for a commercial appraisal, think 2000 and up where I amAnnual reporting - TOTALLY NORMAL$2000 legal fee - I wish that's all I paid for my last commercial closing, I've seen them go to the 10s of thousands for complex or large transactionsThe banks unwillingness to write an email invalidating the loan commitment they had issued - I can't blame him. 

If it's a $130,000 property that they got for a steal at a hundred grand, dumped say $40,000 on, and its present market value is $150,000 then I would agree $145 is a fair price for a turnkey ready property as long as you literally have to do nothing to it but turn the key and move your stuff in.

We're talking thousands of calls.

It will cost you some money (in the thousands most likely).  

Hi Michaela - Yep, my condo is indeed in 30316 and it literally sits right on I-285