People don’t often weight the price of what your giving them in their head properly, that’s just social science.

.$219,000 pp (that is asking price, I understand I should negotiate)$ 60,000 repair cost (1/3 the duplex burned down to the foundation. the other 2/3 was cleared structurally and livable)$275,000 resale (based weighted on a comp, same size, same quality 2 blocks away in a similar neighborhood as well as lightly on the few others in the area I could find)$279,000$ 2,500 rental income /month ($1250/unit)$ 125 maintenance/month$ 125 capx/month$ 125 prop.

The most popular markets are ClevelandKCIndyDetroitMemphis This is due to incredibly low cost with relatively strong rental demand & a high rent to price ratio.

Contrary to popular assumption, the area by the lake is NOT desirable (just Google Lake Elsinore, there are always water issues).

I'd give them a $25 gift card to a popular restaurant for their inconvenience, and thank them for their patience.

I already checked out the gyms I can join, so my week will consist of work and lifting weights.

In terms of the commercial spots, you may want to go down the "gentry" checklist to see what's not in the area:Coffee ShopCraft Beer Place"Artisanal" Bistro - Think grassfed meat sandwiches and avocado toastFood Truck ParkCrossfit (or derivation thereof) GymBakery or CupcakeryBicycle Repair ShopHipster Hair SalonBoutique Clothing/Craft/Candle ShopShared office space with strong Wi-Fi, a keurig machine and some free weights (ala Mr.

The land is 8.5 acres near a small town, that is near a popular ski area.

And they even spent some money on capex to make it better looking.But even then, small town Malls are just not a popular place to shop anymore and then their Sears went out and then their Toys r US closed.

Many are well represented by sellers & turnkey operators here on BiggerPockets (myself included) The most popular markets are ClevelandToledoMemphisBirminghamKCIndyDetroitEach of these markets is popular with turnkey investors because of the low barrier to entry, high rental demand & high rent to price ratio.