Craigslist is good because it shows current rate.Something important to ask is whether they have all the leases/rental agreement properly documented for all their tenants.  

You might want to review all his properties.Seeing as I am trying to learn how to evaluate properly commercial properties and learn how to find the right one that fits my risk profile, goals, and ambitions, I'll continue to use a broker.  

If you screen properly, you find you don't have the high quality tenants looking to rent in these areas.

I already have an investor and really need to hone my knowledge and get a deal pipeline going and find the proper advertising and marketing to find buyers.

I would redo the tub surround with tile but make sure when you tear out the walls put the walls back using HardieBacker wall material and use proper wall tile adhesive.

How do you properly execute the contract without having proof of funds apparent to the seller?

Good management, insurance and proper business structure = a good night sleep.

With proper documentation you are all set up.

It'd be many thousands more to shore up the neighbors foundation and I have no idea what they spent to get the gas line ran or replace the heater.I'd say if you budget properly or "know a guy" that can take care of this for you, go for it, but I wouldn't count on a $500-$1,000 fix.

Oh, and I DO check for proper grammar. :)As my mother used to tell me - don't be so shy!