There will be a significant upfront cost/investment to do this but I am thinking it can be a long term profitable little side business ESP. b/c of the fact I will own the building and will not have to pay rent to anyone buy myself as well as it won't require much overhead to run the business.The other positive factor is I would buy the equipment new so there would be low maintenance/repair issues.The way I see it my biggest expenses would be utilities IE. water and gas electricity, as well as insurance and then whoever I hire to run the business.

Not sure how that would tie in - or shouldn't tie in.I'll give affinity a call for now - unless - Tim - drop me a note and I'll give you a call if you can help me out.This site ROCKS!

1- I definitely dropped the ball on this one, as like you said, I was going off of the value for tax purposes.

If we have occupancy that has longer than 3months that are significantly below market I could be under water and in negative cash flow for too long!

., property taxes, utilities, sewer/water, and should do so.

Time to drop a little coin in a marketing campaign.

You might want to search for Rich Dad Coaching Program on this site and see how others feel about the program before dropping $20k+ for their coaching program.

It's just that the realtor is testing the waters in wanting to list all three together.I'm not in love with the idea of renting especially since rents would be more expensive than my potential mortgage payments.

Not sure how water and sewer are handled there, but shared water and sewer usually falls on the landlord.

It also appears we have an issue with any loan to value with limited funds, another situation that a private lender/friend could overlook but not a hard money lender.Until we get some feedback from the listing agent on what the seller might be willing to do, it's kind of dead in the water, unless private funds can b located or a straw buyer comes forward and then re-sells the property.