I totally agree with Paul.

If I paid (using a loan and downpayment) and rehabbed a property for 15k total, 97 bucks cashflow is not paid.

A total evaluation of your financial life & goals?

You guys all say no and you could use the times as they are now for the business (which I totally understand why).

Thank you in advance for any advice, I'm sure it will be helpful as I'm totally in the dark.

You can look at what similar buildings went for via the price per square, but it's true valuation stems from the NOI (Net operating income).If the gross rents are $3k monthly and the lease is a NNN, then your only expenses are accounting, legal, administartive, entity formation, and PM if you choose to use one.Assuming the total operating expenses come to 20%, your NOI= $28,800If the going cap rate in that area is 10%, then the value is $288,000If the going cap rate is 12%, then the value is $240,000.$3 per square NNN for industrial is pretty cheap, although I am not familiar with your area rates.

I've said it in several posts money goes in Prudent bear (bearx) Trailing total returns 1 day 4.46% 1 week 3.73% 4 week 10.83% 3 month 39.50% YTD 41.95% 1 year 40.10% :beer:

ask price 325k cap rate 9% per seller (fwiw)total rents for all units (IF fully rented) = 4110my first thoughts are that this needs to be sub 300k for me to even consider...thoughts?

We only need to provide the FED with 3% of total bank assets & hold another 3% "on call".

I'm totally with Mike on this.