I know a real estate developer and a Vice President of a Property Management company so I think I have a pretty good head start with people who can help me with the tons of things I don't know.Anyway that's me, I look forward to learning from the collective wisdom of the BP Community

@Steven Hamilton II may know this off the top of his head. :)

Heading to my local county tax sale here in texas tomorrow.

How she performs is key to taking on this liability, she could easily get in over her head trying to meet rents from her business, there are many commercial types who know what type of business pulls in revenue at that location and they may get a hook in her with deposits and agreements where she does nothing but basically work for them.

They were very well received and the head title officer actually said that she will "get the word out".

I promise you it will save you tons of time, money, and head aches.

She wants to sell but is in over her head and does not know what to do.

Title search should clear my head.

So theoretically, end value could be 3.5-3.9 million end value.I obviously would lean towards the apartment option since it utilizes the value of the lot better. ( I really like how seattle does the FAR ratio system, that way a property becomes more valuable per square foot the larger the lot is).Again, I am totally new at this, so I am wondering if I am getting over my head (well I know I am but wonder if it is worth a shot).

I am tempted to make the transaction but I am a little worried, I know there can be many head aches to deal with.