They are very helpful for discovering what your offer strategy should be.

You might be able to ask the closing agent why it was not discovered by them, but then again what would it cost to recove the funds from them if they were liable.

It's led me to discover home monitoring systems like Eyedro (for electricity) and Flo (for water), where apparently you can track usage and figure out the consumption for a separate unit like a mother-in-law suite.

Once you get over a certain amount of capital it becomes hard to effectively allocate it.If you don't run into that with 1mil, you will as you keep progressing.I think you owe it to the family to speak honestly to that.That's the reason most large institutional investors have a hard time in the SFH world and focus on larger, lower cap rate investments.

Your LLC may need to pay brokers, bookkeepers, land operators and lawyers to discover properties, get them, handle lawful issues and keep your records precisely.

Companies like Doran, Sherman, etc are getting gov't bonds and tax credits as well as cheaper institutional type investors for the capital stack. 

I have a responsibility to the financial institution.

& @Nicole Heasley, FACo is a very large private institutional lender.

We were set to close initially on November 15th, but during attorney review i discovered the current leases end Feb 28th in one unit and April 30th in the other two.

I just discovered he is a member here.