The addresses in previous years were heavily weighted to lower value properties, probably reflecting subprime loans.  

As of right now we are heavily focused on being debt free so we are limited with cash.

I document heavily with pictures and video, usually 150+ pictures for the typical 3bed/2bath house.

Don't worry about the hit, they aren't that bad and it's not going to weigh heavily since it is a mortgage preapproval not a shiny new credit card.

However, banks are heavily scrutinized about carrying REO properties on their books for very long.

Office and retail are business oriented and relies heavily on macro and local economies.  

The RE commission frowns heavily on anything that fails to protect the public.

I know investors who regularly skip cap rate valuation altogether and simply use PPU valuation because they are heavily invested and so familiar with a certain area.So the relationship between cap rate and PPU is that PPU valuation can sometimes be a quick substitute of cap rate valuation.Cheers...

I would be careful of coastal >> heavily regulated + taxed markets.

To find this kind of deals, you have to invest heavily in lead generation techniques such as direct mail, Google and FB ads, cold calling, and so on, which a lot of people are not willing to do.