This is the largest commercial development project in the history of the stat of MO and is expected to have over a $4B economic impact on the area.

I have also not used Wells Fargo, but they are the largest mortgage lender in the country, so they must be okay.

The 3 family being un-mortgageable would be your largest hurdle.

There must be one/more issues with the property causing it to be trading at such a high NOI to price ratio (I'd recommend looking into how "cap rates" function if you plan to be operating in the commercial space).

There is a selling component at the end of the night in the main conference room, but you don't have to pay or attend that portion of the function. 

@Abby Rausch Welcome.You've got to be in one of the most competitive (largest number of Brokers per capita) towns in Mass.Good luck, Mike

Not only do I know for a fact cash flow deals are just waiting to be found in the OC I have purchased them for myself.The 3 "D's" as I call them start with probate from the greatest generation to the baby boomers its the largest transfer of wealth in the history of the world.

The good ole boy system is still somewhat functional, I just don't want to go unpermitted and it come back to bite me.

I agree, I was thinking more as farm land, but its about 40 miles out of Austin around a bunch of little towns, so I don't believe that a consumer business would function very well unfortunately.

The biggest concern regarding renovations is determining the price of renovations to make it functional.