Jung,Welcome to the BP forum its a great time to start as mortgage rates fall and home prices still priced well in many states.

I will say that the newer ones are short and sweet but they aren't at the bottom of the list, they are about 1/3rd of the way down.  

Most "off market" properties are sent out to huge buyer lists of the most unsophisticated and inexperienced investors and those are the individuals you are beating out on term.Here are real examples of MLS properties I recently purchased:6370 Germantown Avenue: Four unit mix-use with one unit occupied.

There are other softwares out there that allow you to get comps for the ARV of the property. 

I would definitely check Dunn and Bradstreet for any open lines of credit, liens, judgements and the like. 

We are told this policy does not covered asbestos abatement.Please note that we do have Ordinance or Law on this policy that will cover up to 2.5% of the Coverage a-Residence. 

With this amount of cash and a mall that has a movie theater, you must be a minor LP in a much larger project.Usually there is a round of investing just to acquire the land.

Through wargaming, it is easy to see how the motivations of the operator can become very misaligned from that of the investor when they use a Preferred Return or Waterfall structure.  

The thermostat was set to 72 but the inside of the home was 68 and the furnace was not coming on. 

These two loan types are among the few exceptions that permit closing directly in the name of an LLC.Most of my clients initially take title in their own name, then later transfer the property into an LLC or land trust for asset protection or tax benefits.