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It is actually a huge seller's market in Colorado for all real estate. This was a pocket listing and an amazing deal. Most properties are selling at CAP rates of 7 or less and this was over a 9.

Sounds like you were right place at a right time for this amazing deal. If it is a sellers market in CO, it must be hard to find a reasonably cheap commercial property then?

This is off the subject but...

My younger sister put down $35k for a real estate package to flip houses. Fortunately she told me about it and she canceled the package after told her it could be a scam.

What would be the best way for her to learn how to flip houses in NJ?

I have been working hard to buy one for a couple of years. Finally found the right deal!

Has she seen my site? https://investfourmore.com/2014/12/05/flipping-houses-ultimate-guide/

I teach more on my site for free than those courses will. I also have some coaching available that is a fraction of the cost.