The machinery associated with these is relatively unsophisticated.

I have friends that work in textiles that could take $10m and turn it to $15m in the apparel business.

I do have a strong entrepreneurial background, I am the owner of a textile company in a very niche 30m market.

I have no dept and around $150,000 in cash and another $80,000 worth of machinery.

The big issue is that these come back as surprises at the 11th hour and throw a wrench into the machinery of your transaction.

If you are a builder, then it is probably wise to look into building because you already have machinery, labor, set in place.When we insure our properties, the replacement values are so much higher than actual market valuesGino

It had one offer on it on Monday, but the bank just lowered the price $5000 yesterday, so I guess that potential buyer dropped out.The house next door had two large vehicles parked on it's front lawn and a huge piece of machinery thrown on the lawn (it may actually have been on the REO''s property, it was right on the line).

I can speak to Maine history and say that where you see multis in Maine... mostly in areas with mill work (paper, textile, canneries, etc.).

Most often they are clustered together to form neighborhoods around old textile mills and often day from the first half of the 20th century.  

You do not see machinery moving and new developments breaking ground, do you?