But for me, I mainly have the site to do things like run PPC campaigns, have a custom domain email address and landing page for email campaigns I send to current/past guests. 

Working with both buyers and sellers sets your business up to be versatile and thrive in various economic conditions.If you want to niche, a good way to go is to make yourself the 'market expert' in a specific neighborhood or a few neighborhoods - the go-to person, with a simple website or sites with an easy to remember domain name(s) dedicated to each one showing recent market activity, local events, and then market to those neighborhoods with market info postcards that send people to the website. 

If they see e-mails about financial transactions, they can fake being one of the parties involved by making their domain name so similar that it can be glanced over and potentially steal funds involved.

I am currently communicating with the owner and I'm just stuck on what to do mainly because I want to approach this potential deal correctly.

But first, I thought I'd say "Hi" with this post to share/critique my process.A little about me: I'm in the tech field, so Real Estate apart from second hand Bigger Pockets experience, is a foreign domain to me.

There was a property near me which had a portion of it taken through eminent domain. 

@Gurmohanjit Singh I highly recommend finding one close to the domain or on partner lane as it will be minutes away the new $5B Apple Campus.

Condemnation is something the government does by right of eminent domain and is for the public good.

Not sure if this would be the domain of a home inspector or general contractor, but would need to be someone familiar with distressed properties.Anyone interested or have a suggestion on a trustworthy person to contact?

An area I think is good is a little north of downtown, near the Domain (an outdoor mall like Santana Row in San Jose) or thereabouts.