Recent price reduction of $120K and we got it under contract almost immediately after it was listed at the new lower price.We have done local rent surveys and we think we are competitive.We're still in the Due Diligence phase right now, and are getting: Appraisal, environmental study, HUD statement, utility details, insurance, financing.Anything that you think we should be considering here, either about this deal or about getting into an office building in general?

Aside from the market specific details was there anything else that jumped out at you?

I can shoot you the details and also it will be posted on the network>events section on BP.Have a great day!

Property Details:2830 N Park Ave, Tucson about 10 mins north of downtown and the university of Arizona.

If you are interested in meeting some more fellow MKE investors, feel free to PM me and I can share the details. 

Also, thank you for the details on Diversified Investors Group, I will definitely try to participate in an upcoming meeting.

Check out the events section of BP for more details.

It then takes 6 months detailing out the plumbing, electrical, hvac, interior walls and finish, cabinets, fixtures, flooring, paint etc.The metal shell is a hindrance unless you really want to tow it around ...alot, as even some trailer rv's use wood framing.

@Lesley ResnickThe pilot program was tailored to specific institutional investors, details that were oddly omitted by FHFA in the announcement.

When I pulled the county records it shows a Contract for Deed detailing out a seller financing situation.