Your goals will define the route you take on this but building a list for buyers/investors is a time-intensive activity and the list is a living and breathing document.

Not to mention, they probably won't want to admit it if a building they manage is in really bad condition.If you're serious about buying you should first talk to fellow investors and define your buy box.

The first consists of the general exemption, which means the sponsor just complies with the definition as defined by the SEC.  

I have even had to remove the skeletal remains of disconnected K&T that was totally cut and not in use due to my insurance company wanting all existing components whether functional or disconnected to be removed.

Also, one of the most often overlooked components of a syndication is the reporting.

But joining a good Mentor and Networking group can be advantageous if you are missing any of the needed components. 

The lease agreement could include a clause stating that any excessive utility consumption would be brought to the tenant's attention, and define what is considered "excessive" somehow. 

So if you define a motivated seller to be someone that is willing to sell their house below market value (which is the ONLY definition of a motivated seller), you will then realize it is very different from:"A motivated seller is someone dealing with a foreclosure, tax lien, inherited a property". right?

It is defined in terms of actions which would not be acceptable to any fair and honest man, or conduct which is monstrously harsh and shocking to the conscience.

Most places define short term as less than 30 days.