If you are in a closed-end fund and relying on "pref", "Class A" or other distribution type you may be in for a rude awakening with some operators (again, the devil is in the details, aka the OM/PPM).

The company that took over your OM may up-charged the repairs even more.

I would send over a contract with a counter, but put in special provisions no EM or OM will be sent to title until you can see the inside and do your due diligence.  

The asking price was fair and after reviewing the OM gave a full price offer.

You can browse through a site like Loopnet to see what is available for sale but nothing beats a good broker with sending you deals/OM's that fit your investing needs.

I would also go on LoopNet, CBRE, NAI, etc. to browse and pull multifamily listings that meet my criteria and look at the Offering Memorandums (OM), which contain detailed information of the properties.

Several OM's that have been presented to me are really based on overly optimistic back-end projections.

My business has been successful and I have a lot of freedom to focus om the ”bigger picture” such as investments and RE...The way you or i plan to spend our day- whetther it be to go to work or follow a bigger dream Is a very personal decision.

OffersEmail Inbox organizationAdding Contacts to FollowupbossTimelines Via FolioSending Underwritten Deals Via EmailSend OM AgreementsFollow up with InvestorsFarming for off market leadsBiggerPockets Client FarmingSetting clients up on MLS SearchesOff-market DealsReferral Lead GenerationUtilitiesUtilities infoTransaction CoordinatorClosing DealsCreating and posting Social Media PostCreating and Posting Social Media Posts for REVIEWSAdding people to RolodexUpdating ProceduresAdding Inspectors to FolioUpdating income sheetsGetting missing files for rest of brokerageEnd Day Report ProcedureAdding a listing to the MLSPulling ListsSkip TracingProcedure on Remington's Missed CallsEvent SchedulingBuildiumScheduling Weekly Reafco MeetingsInvoice procedureAdd Agent LicenseProcedures for creating an Underwritten CompsVA Zillow Call ProcedureVA Zillow Invoicing ProcedureAdding Collaborators and Merging duplicate contact ProcedureMLS additional home lead procedureCold TextingGetting Info Off-market propertyChecking Zillow MarketLeasing

Om the other hand right now mortgage rates are too high to find a decent property that could cash flow and I do not have any experience with fixer uppers or anything that could value add.