you should get all the info, including a preliminary closing statement, in advance since you'll probably need a bank check.

Preliminary research I've done looks promising, but could use a second opinion. 

This could also be a considered a on-site manager unit for which you could pay yourself through the entity a fair market wage (rent) or pay the entity to have on-site leasing office.

When it says they do no guarantee clear title, do you do a preliminary title report or something to assure yourself there's no unknown liens?

I always appreciate when sellers have as many pictures as possible and when they have 40yr old furnaces or garages that lean like they have been hit with an Abrams tank I know that going in and can run quick preliminary numbers to see if I am wasting my time or not.

They vacate with only a 4 day holdover... yesterday I go in to do my preliminary walk through and change the locks.

Gotcha- I've done some preliminary work on what is needed in this area.

when I have paid assignment fees and I paid one last sept. it was 125k.. but the guy worked on the project for 2 years and spent about 75k on preliminary engineering and such with the city.. 

I run high level preliminary numbers based on my cost per square foot to build taking into considerations any difficulties or additional work the lot requires i.e underground parking, steel podium, elevator, ledge, etc.

DSCR is another major component, IMHO, that doesn't get its due attention during preliminary term sheet time.