Hopefully, we will get something soon as the rest of the feedback appears solid.

You will get great feedback from the rest of the community to hone your deal analysis skills.

Any solid pointers you can give from the lessons you learned through that bad deal, for the rest of us?

True indeed but they all want to sell for top dollar in order to make the deal sweet i need to buy at around 50-60k they are set at 80,000 but thats with no official apprasial....my uncle and aunt have pie in the sky numbers and are not based on the market but on thier dollar sign eyeballs lol....

The rest I am planning on doing myself.

I feel we are losing sight of why this was posted and will be discontinuing the rest of this debate because of this.

First off, she may need a little cash, but can wait on the rest, etc.

Now, I will acknowledge that none of these terms have any official meanings.

Building Size: 4,000 SF Family Lot Size: 0.12 AC FINANCIAL SUMMARY: Pet shop- $1,500 Chinese Rest.- $1,500 (4) 3Brd Apts- $4,000 TOTAL RENT: $7,000 Annual Gross Income-$84,000 Taxes- $12,000 Net Operating Income:$72,000 Capitalization rate: 18.46 %

There are a few owner-occupied who will stay but the goal is to own all the rest on this and another street.