How quickly were you able to rent it.

@Jeff Unruh Mecklenburg County, NC has a very robust online tool for search tax foreclosures to include narrowing searches by property type. http://mapserver.mecklenburgcountync.gov/foreclosures/Vacant land presents a whole host of potential problems that may inhibit a quick flip.

I have a two quick questions that I am hoping someone on here can help me understand.I have a possible deal where the (commercial) building will appraise for well over what they are willing to sell it for (30% +/-).  

If all four conditions are well met, e.g. its close to Center City with good transportation (public or otherwise), pricing is steady or rising, permits are constant/persistent (indicating still room to grow), and rents are solid, if improving, and the inventory moves quickly -- you have a good neighborhood with long term growth.Would love to hear other investors thoughts on this -- these are just my very inexperienced thoughts.

Thanks for the quick reply.

2) could you recommend a quick script so to speak of how to approach this with the tenant?

That $176k quickly turns into $195k or more.

@Kevin Hoag and @Jason BottI appreciate the quick responses and feedback.

Would this be attractive to investors?

Did you advertise being marijuana friendly and do you think it attracted or detracted certain types of renters?