The only other thing is that they cannot help with cosmetic things- kitchen upgrades, removing walls, that sort of thing; so if you want to make modifications/changes you will need to get with someone who knows how to detail that out.

Validate any modifications or improvements align with what the city has on file.

("may")@Varinder Kumar - it is a little dreamy to think a note investor pursuing an NPL can have an idea of what modifications to make to an existing note. 

As everyone pointed out paying off lenders and or partners first is vitally important.  

Your guidance and support will play a vital role in helping me build a solid foundation and set myself up for long-term success in real estate investing.If you are interested in connecting or have any recommendations to offer, please reply to this post and we will figure out a way to connect.

It's common for buyers and seller who are represented to negotiate directly - especially in commercial RE, but the brokers are usually involved in every significant conversation - This often leads to a bit of a cluster if the broker doesn't know what's going on.For example:  buyer and seller come up with some modification or agreement - which is technically just fine, but if the brokers don't know about the agreement and then we go to close only to find out somebody missed a huge deadline that should have been extended, or we're XXXXXX dollars off price on the settlement, or there's a lease back, or there's a bunch of personal property that's included, but each party remembers the handshake agreements differently.Brokers already take on a decent chunk of liability on every single deal, so allowing this to happen is an excellent way to make that liability even bigger.  

Someone said you can check the state vital records.

Is it just a negotiation to land on a final number likely somewhere between $16k and $26k as part of the modification?

The only modifications I might say would be the following.Lead Generate..

Here are the vital stats:Asking price: $495,000Proposed Cap Rate: 11.33%11 units (9 - 1 Br/1 Ba, 2 2 Br/1 Ba) 1 BR rent for an average of $650, 2 BR rent for an average of $855.