He said he was going to and Lamar already wanted to do a lease on it but he owns hotels and horses and has his hands into a bunch of other stuff.

The property must have working plumbing for toilets and kitchen sinks, stuff like that. 

@Mathew Fuller this is good stuff!

But ever project at least in my experience, Challenges always arrive at your door step and you need to be prepared to deal with them.

Hi, I looking to buy used salon in the Austin metro area and I wonder if any realtor in the Austin/Round Rock area knows the price they charge to represent tenant on retail lease and perform sale contract.Represent tenant is mean to renegotiate with a landlord for better terms and stuff.

Just move on.There's a lot more verification that could be done to sift down through this but I think you would waste a lot of time and wind up in the same place anyway.And remember, anyone with some skills in Word or Publisher software can create all kinds of fancy-dancy documents proving stuff.

How will our markets react to recessionary/deflationary pressures when they arrive is my real question in combination with missing the drivers of real estate appreciation in these Major Cities?

If it's just regular maintenance stuff, I would pay for it.

or make sure you get a full inspection on the property, but you will have to pay someone to fix and repair stuff, so it is easier to buy new construction. 

I don't even know loan officers that know that stuff.