We lived in the property for two years while we slowly renovated interior, landscaping, as well as resurfacing the pool, and added privacy with a new fence.

I'm on the board of CFRI, the local chapter of the National REIA and would love to have to come out to one of our over 2 dozen meetings we have each month.You would add instant value to us and think you gain some as well. 

If someone is working with a lower balance of funds like I am, than I'm more likely to prefer cashflow so that I can continue to afford the property as well as my life style.If I had some disposable income that was in excess of what I need to live on, than I'm more inclined to look forward towards appreciation because I would have enough wealth to take the hit now for the bigger payment in the future. 

Compare what you see to the deed etc - there could be a shared driveway or some other easement.Also if the building is occupied you will be dealing with an eviction as well so you will have to factor that into your costs/bid.

If you have any specific questions I may be able to help you out as well.

I paid over asking as well, but if the numbers work, they work so I wouldn't stress to much.

Definitions - Commercial Vehicle - NC DPS definition - Vehicles with a GVWR of 10,001 lbs. or more used as part of a business (including a non-profit organization) and crosses state lines, are considered commercial motor vehicles for purposes of most of the safety regulations.

Historically, property values in Plano have appreciated well, which can offset lower cash flow in the short term.

The reason for this mainly of because I can get a bigger loan on the house we have just built, than taking a ground up new construction loan on the rental we are wanting to build next door as well as my experience with ground up loans is zero - 

From what I understand this strategy holds up well in court too.