All mortgage, property taxes, IRS liens, HOA fees and liens, utility liens, child support judgments, credit card judgments......shall I go on?

I am in escrow to buy a 10,000 sq foot commercial building in Southern California with 13 tenants.

As a buyer what should I do to get my foot in the door?

If its a small space, the cost per sq foot isn't an issue.

I cannot recommend any books but here are a few things you can do:1) Talk to specialty contractors and get an idea of costs for repairs/renovations that will be common: - cost per sq foot to paint, re-finish hardwood floors, install carpet, etc

Wikipida lists the following as examples of self dealing:Examples of self-dealing include:Having your IRA purchase real estate that you own or use.Issuing a mortgage on a relative’s new residence purchased by a family member who is a disqualified person as listed above.Granting a child a second mortgage for the down payment on his or her first home.Buying stock from the account owner involving IRA funds and a disqualified person.Purchasing stock in a closely held corporation in which the account owner has a controlling equity position.Purchasing restricted stock from a family member who is a disqualified person listed above.Equity list the following:Some examples of “Self Dealing”Having your IRA purchase real estate that you own presently.Having your IRA purchase real estate that is owned by a family member of lineal descent, such as your father.Issuing a mortgage on a relative’s new residence purchased by a family member who is a disqualified person as listed above.Granting a child a second mortgage for the down payment on his or her first home.Buying stock from the IRA owner (any transaction involving IRA funds and a “disqualified person” is prohibited).Purchasing stock in a closely held corporation in which the IRA owner has a controlling equity position or, if such corporation is the IRA owner’s employer, in which the IRA owner is an officer if the IRA is established pursuant to the employer’s SEP or SIMPLE programPurchasing restricted stock from a family member who is a disqualified person listed above.Neither list my purchasing an asset from the SDIRA that will not be used for personal use and my research did not find any source that did.

For example, providing a tax credit for your child is to generate the reaction of people having kids so that they become tax paying citizens.

...also (and I couldn't resist)...A closed mouth gathers no foot.

Not to mention the IRS tax demands, child support, education lapses, not paying license renewal fees, delinquent student loans and on and on from agents who have issues.As you can see it creates a bunch of paper to deal with for a head broker for a little return.

My assumptions are that a complete remodel on a 2br/1ba 1000 square foot house would cost around 30k.