Also, do your own independent due diligence of the REAL expenses, as well as deferred maintenance.You will need a bone-fied commercial appraiser rather than a residential appraiser.Look at the property's tax returns to see WHAT is really going on with expenses versus NOI.Finally, re-read Joel, and then discover the yield:http://www.propex.com/C_g_capvs.yld.htmMuch good luck with this,Tevis

I reread my post and I apologize.

@Stephanie Potter please re-read my post.

thank you both.yes, I been re-reading their contract and they are basically selling you their web site back office to use as a tool and give you a 5month Hard Money Loan for a flip.  

GREAT advice JonI need to read and reread what you wrote.

Hmm maybe it was read wrong I shall re read new to ALL of this so I am trying to learn and I really want to help my aunt she is on a fixed income. 

@Daniel Roman You need to reread my post.

Hi @Reggie Maynard,Yup, really gotta watch that stuff.For live deals, I type emails with the 'to' field blank, come back five minutes later, re-read it, and only at that point do I add the 'to' field and hit send.When someone asks me in writing to share certain details about their creditworthiness with the listing agent to help get the offer accepted, you don't want me to accidentally boast that you have a 678 FICO when in reality you have a 778... caught that one double-checking just this morning!

Then I reread it and realized it had to be sarcasm or a joke.

I will definitely be rereading it soon and spreading the word to others!