Same thing in the first buidling but we took it up a notch with this one.

The agent should be following-up on showings to learn what the prospects think.

Hey Erik,They ended up being a scam and I learned the hard way.

@Gaurav Vedi this is very thorough.Did you also evaluate the increased cost of compliance, admin, and time you will need to invest in executing setting this up and maintaining it? 

There are spreadsheets you can download that are in this forum that can help.Also checkout the enemy method for estimating rates and occupancy. 

If I buy a small business that includes real estate, it is possible to assume the existing loan (at a lower rate), and finance the additional amount up to asking on a second position mortgage?

Feel free to:- Vote up to help others find this post.- Tag a friend who would/could benefit from this discussion.

I was looking at going the self-managing route due to me having a little more experience and mainly finding a great handy-man and GC in the area to help me if repairs were to come up from the tenant.

Then financing for the horizontal ( toughest in my mind to get)Lastly vertical construction funding.and if this all lines up TIME  most places its 1 year to 5 years to get a project approved and ready for vertical.

The reality is prices keep going up.