What this translates into is a bunch of paperwork and certain activities that must be followed.

(S) Yes, but I didn't like the numbers.That translates into you're going to pay too much!

If its triple net, meaning the tenants pay all utilities, insurance and maintenance, that would translate into rent of $40K a year.

And hard to find good comps, which translates into hard to get financing.

(translated to: I didn’t know what I was doing).

Other translations state that "A person unsettled in their opinions is unstable in all their ways".Determination is less about grit and motivation, and more about knowing what it is you were doing in the first place.

My suspicion is that the story is being lost in translation somehow

That will translate into adjusting the LTV of the loan and usually requires the buyer to come up with funds they were not expecting to pay to meet the LTV requirements.

It really doesn't matter because you will want to bid based on a percentage of current asset value and then translate the number to whatever format they want whether it is a lump sum or a % of UPB.

Are there condos in Florida (or other southern states) with few amenities which translate into low condo fees (in safe areas of town)?