Check out too this 12-part series published here on BP on the topic, hope it helps!

The closing attorney or Title company may be the determiner for an answer and usually at this point in the process as an agent I'd defer to them.As an investor, I think I'd want all this squared away before closing so maybe check with the attorney/closing company.

23k warehouse on 3.9 acres in one of middle TN fastest growing cities. 1 mile from major interstate. 
Purchase price: $3,800,000.  Due Diligence: 90 days   Close: 30 days   Earnest money: 1%Sale lease back that will ...

Check out their website.

Originally posted by @Collin Schwartz: I would love to check out Thomas Pickets, book what is the title? 

The reason we do that is because people are on love with their spreadsheet, but need a reality check to see, feel and smell what a lower prices property looks like - in particular the condition. 

Uses big data to identify properties ……….has a subscription to Loopnet4.

Check with the county to confirm you can do this.

Also, the historical data tells me that 3 years of underperformance means that future performance must improve substantially in order to meet the IRR goal for the investment.

May check out some properties there in a couple of weeks(Dewey and electric ave and Lexington and lake).