If this deal doesn't work out - Don't give up...My suggestion is to locate an operator/sponsor who has the experience you seek.

I tried this with another friend and made the mistake of making him an equal and trying to do deals together splitting it 50/50 and it totally did not work out.

What are you trying to work out regarding the area?

For a number of reasons it would work out better for me to purchase the property myself first. 

We're doing a RTO situation which should work out nice.

I started my legal career in 2002 representing WFB on their commercial workouts, note dispositions and commercial collections in State and Federal Bankruptcy Courts and after a few years moved over to representing Albertsons in various commercial real estate matters and mergers and acquisitions. 

Then, on to the next unit...Inherited tenants almost never work out, in my experience. 

You’ll want to practice at least five times to work out your important speaking points and be able to listen to your counterpart to understand what is important to them so you can provide the appropriate information. 

@Jon-Michael Veronesi You definitely can refinance the property if the numbers work out.

For those who read the book “48 Laws of Power” by Robert Greene, how has reading the book affirmatted your work out in the field, developing potential buyers, and close out deals.