Thanks for the feedback guys, George, my target renters are not families, it would be young professionals, young couples.

Gotta net out the value from the RE.Look to the old sales generated, but you also need to take into consideration what kind of operation will replace the old business, a significant change in menu won't be the same and consider the blue sky falling since it's been closed.If that owner has medical issues, seller financing may help him save on his estate preservation, if he gets cash it could be required to pay medical expenses and lose what he gets, financing it will usually take him to a discounted market value of his note, savings can be significant and save in keeping other assets.

I'm currently working in the medical field as well, on the lab side of things.

My minimum is $1500 and I feel that's reasonable.If you stand to make a nice profit, and you have a good agent who is working hard and is a valued professional, try and pay what the work is worth.

Although I am a new wholesaler I did take the time out to meet with people in my area and seek out some experienced professionals and built a team.

Owner FinancingI see lots of companies advertising on Craigslist with rent to own or lease option deals but they don't necessarily sound very professional or that they have houses in the areas where we would be looking.What would you recommend given our situation?

We started doing the land lording ourselves while we lived there and then passed if off to professional property management when we moved, which was well worth the 10% they charge!

We have a four-plex and two single family rental homes, all are fully leased and professionally managed and generating great passive income.

I know of several HOA's in CA who have negotiated discounted payoffs of past-due balances & liens after 1+ year of non-payment.I think part of this depends on the size of the HOA, and honestly, whoever is the "dominant" member on the Board, coupled with the influence exerted by the professional property manager (this is all often influenced by the number of units under the HOA.)

Limited use, professional offices type of thing or can you do more?