I see them semi-regular but we expect outstanding ROI so RE that others may find acceptable we usually pass. 

By trade im a fleet manager being a mechanic most my life.

It would take the better part of 2 days to get inside every unit to inspect, plus go over the financial with a fine tooth comb, verify utilities, and check with the city on any outstanding code issues....why would I burn up two days of my time only to uncover countless other lies when the Seller wouldn't even respond on paper? 

Sure, if I ended my business with the property manager and had no outstanding balances, I would get that money back.

If you don't have an idea of the outstanding mtg balance, and junior liens, you're just spinning your wheels pre auction. 

It certainly adds to the amount of loans outstanding, but it also adds to your income.    

 ,...and yes, the closer to the auction they get, the less likely they are willing make a deal...especially if the property looks like it could auction for more than the outstanding debt.Joe VilleneuveREcapSystemA2REIC

I lived in Little Italy on Central Ave and then about a block from Kisling's on Fleet.

He is a deep pockets guy, so I doubt he would flinch as long as he is getting an outstanding deal on his end.

Great site and it seems like an outstanding resource for Real Estate and more!