I was first exposed to the concept of RE investing a few years ago while I was a junior in college, when I got the chance to shadow within a commercial real estate firm.

Are they doing everything they can to expose properties to the widest possible market?

The whole purpose of a POF is show that the Buyer on the contract (not some other person) Has the cash to actually buy the property that they are making a Cash offer on.Aside from that, MLS properties have already been exposed to the whole market.....this is not where you should be looking for “wholesale prices”.

Technically, many people were exposed to asbestos a long time ago, in many cases the statute of limitations would have run out from last exposure.

The fines are something like $37,500 for every worker for every day every worker is exposed to asbestos and then the business owner receives $37,500 per day fines for every violation in addition to his employee's fines and the fines always exceed $500,000 and are usually more than $1 million.I have a license to abate asbestos and was on a job one day.

@Brennan VaughnMultifamily are a little different than their Single-family counter-part for tax purposes.Living in one state and investing in other states does add some complexity as you are now exposed to filing non-resident returns in other states.

You should also check to see if they stole any of the copper wiring.Assuming you mean piped-in natural gas and not propane, be sure to contact the gas company to see what it takes to get the gas turned back on. 

Be able to recognize what things have asbestos so you do not expose yourself to it or cause it to fray.

Those can disappear overnight, then you'll be very exposed to the big unexpected event.

Avoid Credit and Liability Risk: Investing passively allows one to avoid being exposed to credit or liability risk.