@Christian Scalla no offense but the fact that you ask this makes me think you are not ready for commercial investment.

Please don't take offense to this because none is intended, but I just want to help you out..."

Michael,Not sure what the 'offense' is.

I ask them questions about bad credit and then make my call based on their response.Criminal Background Check: Would you rent to tenants convicted for sex offenses, felony theft or violent crimes?

At least pay an attorney who knows what they're doing Agents are absolutely worth it if you haven't done this before and could get sued (no offense but like in your case

Apparently it is a criminal offense punishable by 5 years in prison.

Btw, a cap rate alone doesn't mean much if we do not talk about appreciationSure mate,It's quite simple for meI run 3 companies and a staff of 20.I negotiate hard and find deals where nobody is lookingMost are very distressed and need a tonne of work.15% net would be the minimum I would do for my personal portfolio and the numbers just go up from there.I'm in the process of buying a 10 unit in a B class up and coming area that i will be into for a total of $200,000 with projected net rents of $40,000+ (I'm keeping the numbers very basic here)So, no offense but I wouldn't let you know as I keep such deals for myself lolI suggest you look into the Midwest as there are many blue collar working class markets (No where near ghetto) that offer amazing numbers.You just have to manufacture the numbers from the start and then have a good team in place to make it work.Team work makes the dream work in any market no matter what the online stats are showing regarding the demographics and unemploymentMuch successps.

I want to make sure they are not offensive. 

Good defense will lead to a strong offense (returns) Check out the great pod casts and reading suggestions they will help.

This is obviously no good.The title of this blog may not be very good though (no offense Corey), I came here thinking I would read some horror stories from an RE investor shopping around and getting different changing quotes.We are hard money lenders and we get people shopping all the time, we are shoppers ourselves, we dont see any problem with "shoppers", we are actually thankful for being in the US and having options.