Say it's a C-store, to sell it, you'll need to be able to explain things like traffic count, environmental requirements, burried gas tanks and liners, as an existing business you'll need to interpret financial statements, understand inventory turn over, beer licenses and distributorship agreements for gas.

Come on now - if the shoe were on the other foot - say I lived across the street from you - and saw what I misguidedly interpreted as "suspicious" activity.

Data is subjective in that you can interpret it a number of different ways.I could look at data and say this is awesome because of Y and someone else says it is not good for them because of X.  

That’s my interpretation of the law too in PA.

The way for those buyers to recoup their investments is to ask for deeply discounted deals with the proverbial "motivated" sellers,which,as you know,can't be found on every street corner.This is my version of what could be interpreted as either a myth or a reality,depending on whether applying the MAO rules has brought you success or the lack of it.What do you know about the 70% rule?

The thing with this approach is that, as you're aware, RE is local; sometimes, very granular, and the amount of time you would have to expend considering, first to see what data sets you'd need to collect, then figuring out how to interpret that data, I believe is not the best use of time. 

I'd be curious if all the other bills were also paid late or with bad checks or was it just the rent.I read this as both sides trying to manipulate the system and a judge who rules by his emotions rather than strict interpretation of the law.

But I'm sure you have a better interpretation, so let's hear it...

Also, is my interpretation correct that this is the only way you can make offers on any HUD home is through placing a bid online through a HUD agent?

The judge can look at that as you are working with the tenant by accepting some rent on a plan versus demanding full rent and not taking any when filing for eviction.I am sure some of this various by local state tenant law and how the judges and mediators at the courts interpret agreements and performance.If they pay late all the time but it doesn't go past 30 days each time then they are consistent and you just make extra money.