For me, it was supposed to be for my dental business however for improvements, repairs, investments into equipment etc.But once given, they could not take it back so I could always use it for real estate.55K was offered, but, the rate was too high @ 10% and was on a 3 year amortization. 

If you haven't acquired previously, caution not to attack on multiple fronts right away...one at a time, learn from it and improve as you go...we are 1000% better equipped to acquire from the prior experiences...they do take time after acquisition for dust to settle and for you to see the effect as well as what strains it puts on your existing processes and infrastructure. 

How's the equipment?

You can take a decent exterior shot with a cell phone if you have a little but of talent, but interior shots require specialised equipment. 

If you are not equipped to, then do something else...or get equipped to.SDIRA's have solutions to every problem he mentioned. 

The property next door is identical but is a single family home with two less bedrooms.  

The property next door is identical but is a single family home with two less bedrooms.

I've got a couple of quotes and the equipment goes from $150 to $400 depending on model.

Is he going to bring all of his tools and equipment with him?

More info is needed about your equipment and what your tank temp is, and include what house heating you have. there's lots of answers like raising the temp and adding a mixing valve if you don't have one, but I need to know more.