Also, be sure to verify whether or not the auction will vacate any liens on the property.

The 2nd project I would be more interested in, but I have would to take a close look at the numbers and verify everything.

Later though, you will want to verify leasing and get an Estoppel letter or something that verifies deposits and lease terms and such.

I always bring two copies of the form to the initial walk through and make sure they are filled out identically and signed.

From what I've read about JA's program, this seems almost identical.

You don't want to allow that.Can you verify income?

If they claim you'll be in at a big discount, do your own due diligence and see if you really can verify that.If this is one of those sale/leaseback deals where you're guaranteed they will get you a tenant after its built, really do your due diligence carefully.

Ask your lenders to call their fannie mae rep to verify what i am saying. hope this helps and best of luck

Verify the value of the property.

One other thing, if they are responsible for the utlities, make sure you call and verify they have been place in the tenants name before you give them the keys.