BTW: There is a bar and grill with a outdoor volleyball court with a lot right next to it I can do this on, another smaller one 100 feet away, both face a major highway.

Is it a finished basement, heated and cooled?

I look forward to the day I can be a landlord in a location where it does not snow.No snow removal here, but number one is the AC isn't working or not cooling enough.

If the buyer won't use my broker, I will *grill* his chosen broker, and if I have any doubts that his broker can get it done, I won't accept the contract.

Cleaning unused space, heating it, cooling it, insuring it and paying taxes on it, is just nuts.Join a club and entertain there!

That would be fine with me, except:They'd like to pay $800 a month and comp rents in the area are $1200.I am closing next week and neither the sellers, their attorney, nor their agent have made any attempt to get in touch with me and arrange for the son to be on a lease.I think they're just 'hoping it will be cool' and 'we can work it' out after/during closing, but I'm wondering if they should be out of there at closing, because if I come in and ask them to sign an $1,200/per month year-long lease, they're going to be pissed and say they don't want that and say they'll move out, possibly trashing the place in the meantime, and if I sign him on a month to month for $800 and give him a month to move out, I'm saddling myself with difficulty if he trashes the place or doesn't move out, etc.

Congrats on the upcoming kid, that's super cool.

Immediate upside potential-rents could handle a 20% increas w no improvements; 30% or more with minor upgrades with additional anticipated increases as neighborhoods continues to gentrify.Very cool building that has many updates already (electrical, plumbing, windows).The cons:Roof needs immediate replacement.

Cool good luck!

oh ok cool. that's encouraging to hear. i have no undergrad debt so the thought of it is intimidating especially when i hear about people not being able to pay it back.