Out of those that get accepted is where you dig into the collateral files and match up against the Title report to note any defect in title and confirm the assignment chain. 

BP is sitting on a gold mine, if they choose to monetize the site more.

Then you can follow the chain of title.

Yes, of course you are going to qualify buyers and help them understand commercial lending but your level of bravado is off the chain!

High cap rates, but watch for the fool's gold(a listing with an outlandishly high cap rate, for instance- on those, you'd be lucky to attain half the cap rate.)If you're not planning on having your boots on the ground, I'd say don't start with a property needing tons of rehab- better to start with a high-quality and high-functioning property, build your team, and then go for a rehab if that's what your goal is. 

I like to show investors the Tampa Heights "Zoning&Development" website, to confirm that this area is coming up, and a gold mine for investment properties. https://www.tampaheights.org/zoning-development/I am always looking to connect with reliable GC's down here for my investors.

Truck and a chain and drag it off . 

It is a bit mind blowing that we can now access such a vast resevoir of wisdom here, kinda makes up for all the time wasted on nonproductive internet crap:)The warchest therory has another downside; similiar to folks endorsing gold to hedge against catastrophe, what happens when the storm passes and you and everyone else now has to turn their gold into cash at the same time?

They were gold mines for me. 

Received the collateral files, reviewed myself for any red flags (break in chain etc) and then sent the files to the lawyer who was recommended by someone in the note world.