The sooner you start the sooner it will be over.Hire a PM and in the future, once notice to enter is given, they will enter whether the tenant is home or not.

Anyone know of any that a future investor like myself can join??

I will update this blog from time to time to update people for the future. looking to go to my first auction in up state NY December 13th.

So while we don't have much extra cash, we could sustain being we both have good jobs.

For example very specialized TI work specific to the tenant could limit the potential future tenant pool for a building and therefore increase the cap rate whereas generic office space closer to "market standard" may decrease the cap rate.I also agree with @Peter Bowen, the actual cap rate for the building will be set by the market.

I would be glad to give you my opinion.Feel free to add me if you think you may have a tax question in the future.

I look at it this way:  if your forecasts project a 14% IRR and you deliver a 15% IRR, your investors will invest in future deals and refer their friends.

He and I are looking to partner in the future.

Well I thought it would have an impact on how I look on paper for the future.

Just a quick follow up on this (maybe someone will benefit from it in the future).