You must consider the concerns and safety of your good tenants (I trust you have a rental agreement in place with them) as well as how you will attract good tenants to the property for the empty unit.Have you seen the movie "Pacific Heights"?

We put in numerous offers before we finally had one accepted (in an entirely different state, no less!)

He has a website at dornish.net and has numerous articles available that he has written, including one on legal entities.

No other way.Every document she offered to show you can easily be forged and there are numerous offers on Craig's List to produce those documents for willing parties.If you did, for some wild reason, decide to forego the credit report and accept the documents she offers.

But on the other hand, I've bought numerous properties with tenants that were not paying the current land lord, and after I purchase the property was able to get them paying and avoided eviction altogether.

@David Krulacthis topic has been brought up numerous times at our REIA meetings.

I've bought numerous residential properties through the county sheriff's auction, where they'll occasionally have a commercial property go through, but this building isn't scheduled to go through the sheriff's auction anytime soon and we know that it is being auctioned off within the next week.My question is,where would you look to find out where and when this auction will be?

This same thing happened in the movie Tommyboy.Seriously though, I would check to see if the deeds were properly notarized and if the grandpa was in his right state of mind when he signed it.

Meaning the loan would stand a high chance of defaulting at the end of 5 years.I would imagine that numerous people have looked at the property, possibly secured an option to buy and weren't able to secure financing.

Appraisers do consider listed unsold properties in looking at market conditions, that is valid, but it's not valid to put a numeric value in the mix in valuing a subject property.