So doing market research on rents independent of seller details, and then I assume, add a clause in the offer about current tenant rate that survives the transaction.Do you have any practical methodology for analyzing operating expenses if the owner doesn’t disclose?

My point is that if you run your numbers razor thin when the market turns down, and it will at some point can, you have to have a buffer to survive the swing.  

It's a get tough business if you want to survive, nice guys finish last mentality, so take the info of value and ignore everything else. 

That's also why I try to stay out of Houston's Harris county.

@Ned Carey  Try being in Orygun were this state feels that we are Orygun everyone wants to be us.. therefore you will bend to whatever BS tax's and rules we have for business.Oregon survives for basically 4 reasons..

Hello BiggerPockets, I am looking to do the above in the Bay Area with some start-up capital, am currently being mentored by Peter Harris.

@Taylor Harris !

No not stole, but used every resource a our disposal to survive the next few weeks and I decided we needed some kind of job.I got 2 jobs.

Harris

Harris