I have found that the larger % rates cannot almost negate 15% of a down payment.

It's unusual, I picture an older building that has been converted to provide a couple rentals because a larger store was probably harder to rent, just guessing.But, it's not a highly marketable property and the seller has to be aware of that.

If not then you will not see a return on the 15K.Is your debt-to-income ratio such that paying off the 15K will allow you to get a loan for a)more property or b)a larger property?

The current manager is doing nothing to fill vacancy either.Details that I have thus far:$6,659.33/mo + utilities ($17/sq ft + CAM + tax + ins)$500/mo approx current utilities (gas, electric & garbage)3800 sq foot building19 rooms + 1 larger room10 tenants currentlyShe offered to take over current managing and pay existing rent and utilities.

Also, if anyone has some rental homes they are willing to rent for a month to month and will allow 2 dogs, hit me up!

But, I don't intend to sell and happy with my move.To an all cash investor this is a dog of a deal.

They would like to bring their small dog if possible, but will leave him home if not.

wouldn't a guard dog be less expensive??

$ 500 for 3 dogs for a temporary rental seems sort of low I'm all for dogs, but mastiffs are very large.

Apartments get a 1.3 FAR ratio to build on LR2 Cost to build would be very similar to the town homes even though it is larger, but has less roofing and siding etc.