This is our first multi-family deal and almost every listing we come across there’s the “buyer’s do your own due diligence”, which frankly I think is crap because I interpret this as the seller can say they’re selling a triplex that may only be allowed to operate as a duplex.

This is a completely new category for us and not quite sure how to interpret... 

(Which if your brain follows the pattern interprets it as the third bad thing in the chain).It is like someone saying, I want to be wealthy, but not too wealthy.

Again, READ AND UNDERSTAND THE PSA (not just your broker's interpretation).Depends on how it was written with regard to E/M being non-refundable. 

The public records are generally all online, you just have to find the right site and be able to understand/interpret what you find. 

Seems like he is reading/interpreting the code correctly..  

Interpretation can of course go in several direction, but what’s most interesting about this current trend is it seems the markets with less demand for multifamily housing display a more direct and severe impact, which is why you are more likely to see operators being forced to lower rents. 

Interpretation can of course go in several direction, but what’s most interesting about this current trend is it seems the markets with less demand for multifamily housing display a more direct and severe impact, which is why you are more likely to see operators being forced to lower rents.

Those are a few if I have interpreted your question correctly.Randy 

My interpretation is the complete opposite that the economy is not faring well.