This is an equal opportunity industry: agents of all skill levels have almost equal opportunities to represent clients.

Licensees are held to a different standard when engaging with the public, and making a “killing” on a deal may either alert regulators to charges of failing to disclose market values or private attorneys representing sellers to charges of failing to deal “honestly”.  

The layout allows for an easy addition over the garage, potentially adding 2 unitsThese units could generate approximately $36,000/year at $1,500/month rent per unitFinancial Overview & Valuation: At current income and stabilized rents, the property offers a 6.5% cap rate on a $700,000 valuationRenovations and addition of two units would cost approximately $350,000Post-renovation, the ARV (After Repair Value) is projected at $1.4 million, with the potential to double the annual revenueRun Your NumbersWith the current market pricing in the mid-$600,000s and being on the market for only 30 days, 5000 Florence Ave represents an exceptional value and scaleable opportunity.

Hi everyone,I’m considering buying a 2,500 sq ft commercial property with this deed restriction (in place until 2037):“Neither Grantee nor its successors, assigns or legal representatives, lessees, or sublessees, shall conduct or permit the conduct on the Property of, and the Property shall never be used for:(i) a grocery or convenience store selling at retail any food or food products, dairy products, beer, wine or other alcoholic beverages for consumption off the premises;(ii) the retail sale of any food or food products, beer, wine or other alcoholic beverages for consumption on or off the premises.”My plan is to use the space as an event venue (birthdays, weddings, baby showers, etc.), where renters bring/cater their own food and drinks.

But again, we didn't represent anything special.

Also, it might be worth hiring a local property manager or attorney to handle the process since you’re out of state; they can represent you in court and make sure everything’s filed correctly and quickly.

I don't have an attorney representing me at this time.

Looking back on it I should have gotten an Estoppel Agreement to make sure that the terms of the lease were as the seller represented. 

In PA we as property managers can legally represent the seller, assuming proper documentation proving the relationship.I do not take threats of court from a tenant seriously. 

One other thing to keep in mind (which may or may not apply in TX), but in Ohio, a property owner can represent himself in court for an eviction action.