(Plan is an FHA loan)If anyone can help me out with this it would be greatly appreciated!

They've mandated its demolition but have allowed me to build an even larger addition (500 sq ft).The city is requesting building plans for this new addition.

I am looking for information on doing a group home, preferably for senior citizens.

What do you think about this?

I was never liable in any of these suits, I was never and will never come out of pocket and can only put into my pocket if not $0 into my pocket.

Every day, the Chemical Plants (Dow, Shintech, etc.) and residential neighborhoods that surround the site of this location provide a high traffic count.A great opportunity exists for a tenant that is willing to market their business to travelers of Hwy. 1, the residents in the surrounding neighborhoods, and neighboring communities.How did you find this deal and how did you negotiate it?

I'm just starting to look into it.

Am I in the ballpark that if I purchase this for $110K today, that it would yield about a 20% IRR? 

We are new to the real estate industry but we are building a family owned business to earn an honest living while being able to provide and instill good ethics and morals into our children.

I don't allow this.