If it meets my Cash Flow criteria with that then it’s probably a pretty good deal.  

.* Most of all the executory contract statutes apply when there is a consumer tenant/buyer but not for commercial.The owner is probably better off doing a full wrap sale than LO.

We probably need to change the locks to the entrance door and let us assume that the tenants are hostile. 

Junky probably.

PM me and I can give you the details.Their difficultly is probably their serviceability on the loans as banks assume that once at retirement age in AU (65+) that they are going to give up work if they haven't already. 

If you get your license for a career in real estate that's fine, but it is very difficult to get started as an agent, you will probably make very little or even lose money your first year, and if you're also paying for college that could put you behind the eightball.

If you start with a nice property that has a good (not fantastic, probably) cashflow and great renters, you will be SUPER-excited looking for your next deal.

I don't see how this will ever be a cash flowing property...I personally would probably sell while the market is still high and then buy a house when you know where you are going to live using rental property criteria when I do buy.

It is probably the easiest way to get started and move forward.

Covering his a$$, you can probably get 20 more years out of them.