Welcome to BP (and to the RE supply for addicts :)...Enjoy, ask questions, and I look forward to seeing you around!

And, the less proof of expenses this guy has, the less purchase price he should be able to command.Also, I owned a pool service & repair company in Calif for 8 years, and I would tell you to have one or two pool maintenance and repair companies come look at this property and quote you the following:- Monthly pool maintenance cost- Monthly chemical cost (which is normally separate from the service cost)- Monthly supplies (things get broken all the time at commercial pools, like skimmers, baskets, poles, signs, etc. and you are required by law in most states, and especially California, to have a long list of items pool side at all times, so as soon as something gets broken, you must replace it.

I bet you won't be laughing when we turn off your oil supply.

For expenses, I use these figures; Taxes $2800, Utilities (water, sewer, and vacancy heat) $770, Insurance $900, Maintenance Fund $2400 (15% of income) Advertising $100, Accounting $100, Supplies $100, Misc $100.

And are they all about multi-million dollar/euro commercial real estate examples or also a bit more down to earth?

The ready supply of diplomatic tenants, the $2,000 monthly rent and the potential appreciation are reasons to keep the property.

The fin tube heating does not have a return pipe, all radiators tap off the supply line thus when getting to the far side of the house, there is no hot water left as well as no circulation of the water through the radiators in the first place.

Just wanted to give you guys an update so you didn't think I just fell off the side of the earth!

I graduated with a Supply Chain Management degree from Michigan State University a few years back.

Food is not supplied and there are no fees.