Make sure you buffet for the taxes resettingI’d only be attracted to these numbers if it was a “set it and forget it” type of property with good resale value.

But that's in the window between LOI and contract and not pre-LOI. 

One thing people often forget about the crash of 2008/9 is the fact that it took years to bottom out.This is just my view, but losing 24% (or whatever the tax rate is) guaranteed and waiting for years don't seem like a good plan.

$150 is a great estimate for a cracked window and a cracked door.

Inspectors told us that we need to install 4 fire rated windows by the fire escape because the property is commercial...where can I get affordable fire rated windows / glass?

Drove around the corner and this had windows boarded up but otherwise seemed to be in ok condition.

But there are some obvious safety and wish-list things I want done, nevertheless.Easy fix you might say, just install 3-prong outlets and forget about it! 

But there are some obvious safety and wish-list things I want done, nevertheless.Easy fix you might say, just install 3-prong outlets and forget about it!

Sounds like you just got that window of opportunity. 

Sounds like youve got a great strategy for getting started.