This would not bother me per se.

In a place like SE Michigan, we are lucky in that prices are low enough that you can find deals in solid neighborhoods that easily return well.

@Carlos KishekI am located in SE MI and belong to a strong REIA group.

I can't come close to building a house for $80/sqft (in 2015 maybe), and that's in a country bedroom town in SE Texas, with no garages, no carport and minimal porches.yup we neither but I am not doing Texas starter houses IE slab on grade and basically minimum building code and materials.  

Hi Grant:as someone also new to commercial real estate, I can't specifically give you any tips on it per se, but from a general investing standpoint, I would say you have to ask yourself why are you buying the building. if its to fix and flip or buy and hold. these are two different goals.IF its strictly for investment purposes and you are buying to hold: I would consider two things.work on paper some calculations to see if 1. does it cash flow ?

My degree has not helped in my REI per se but actually working in the field caused me to really think about what I wanted in my life.

Higher returns are in the transitional neighborhoods such as Westside, SW, and SE but carry way more risk.  

Just feel free to throw out any possible deals for a candid no holds barred appraisal by the guys on here as REI is so regional & specific to the laws of each particular area per se. take care & good luck 

Not deductible, per se, but it would lower the taxable income.

Had a 3/2 home at 4834 SE Brown, Lawton OK.