Buyers are hedge funds snatching up everything sold via commercial brokers or bank direct.

I also had a commercial electrician in one of my rentals.

The list price reflects an old house on the biggest piece of land in-town, not a future development parcel.As a commercial appraiser, I do not have development experience.  

You own an old property, so depending on the condition it may run higher.I don't own properties where flood insurance is an issue, so I can't speak to that.As a commercial lender you'd know this better than me, but the 1.1-1.2x DSCR is lower than I'd recommend for future purchases - I don't feel comfortable with anything under 1.5 on my properties.

I would love to learn more about the commercial industry and would one day like to start investing.

I would love to learn more about the commercial industry and would one day like to start investing.I look forward to learning from and becoming friends with all of you!

If someone takes the 48 acres all at once it will need to be cheap and have enough upside for them.Not many projects reach 48 acres in size for commercial.

I've been in commercial and real estate lending for over a decade, so anything I can help with on the finance side, I'm happy to help.Also - I plan on attending some of the Great Lakes REIA events. 

Also two weeks ago the Chronicle ran an extensive article in the Business section regarding the boom we are seeing in the natural gas industry and companies have made large investments and bought commercial property around town and other surrounding areas in regards to that industry as well. 

Utilize postcards as my marketing vehicle, beginning with sending out 1000 of them to my target audience per mailing to start with.3.)