hi guyscan you figure out why this property is so cheap and nobody's buying it?

It is so important to make sure you put together systems and standing operating procedures for a company, even when you're getting started, because if you don't have them as you grow, things will be very unorganized.

You can have the greatest fuel system in the world, but if the electrical system is so fouled up the car won't start, how good is the fuel system? 

All of this is so new to me, and while it’s guaranteed that I’ll make mistakes, I’d like to take as many precautions as to not make a major one that will set me back years. 

There is so much risk if they stop paying.

Also the building relationships before your ready is so crucial.

@Greg Scott the reason why you'd want to expense vs bonus depreciate is so that you have less recapture upon sale. 

So you and your broker, who is going to make you pay, get all those expenses and maybe a lawsuit or a license complaint at your state board.There is so much opportunity out there to list legitimate deals, so go after those. 

Always learning, REI is so much fun. 

What you experienced is so invaluable in general, not just within real estate.