Right now i don't know much about commercial properties here in central Ohio but i know their are alot of empty of them here and one would think there has to be a way to make alot of money specially on the west side of columbus cause a new holly wood casino just open this last year.

How are you on BOCA, OSHA, Environmental Engineering, Marketing, Planning & Zoning aspects, obtaing zoning variances, politics in the area, working with utilities and thier engineers, financing projects......I could go on....Point is, you won't get this out of a few books, universities offer degree programs and new grads still are only prepared to assist an established developer.Best thing is to work with one and learn.Many developers were GCs before they started, probably started with a small number of lots and built in phases or got an existing area and built to suit.

I am preparing to start marketing, can anyone advise what demographic is most susceptible to the kinds of discounts we need to find?

The taxes sound really low for the 6 unit as my father in law lives in Mass. and has a small house there and pays over 5,000 in taxes.Make sure there is not a big rise in taxes or special assessments fixing to hit.

This will prepare you for seeing if you can afford to have the unit vacant for a month or 2 and whether you still earn any profit year to year....

Similarly - any knowledgeable property inspectors in westchester that specializes in multi residency dwellings that you recommend?

FMV takes into consideration how the property was offered and were there any special conditions.

My investor/buyer has never written a seller finance deal nor have I (obviously).Did you use a special contract?

Also the loans are different in you are buying multifamily with 5 + units or say triple net leasing which uses mainly CTL lenders.Regular banks in some cases are giving out just short term loans as they want to relend the money when inflation kicks in at higher rates.Lenders who specialize and fund a specific assets class you can usually get longer terms and better rates than your local bank.

The more prepared and polished you are, the better your odds.