Thank you all for the fair warning.What is the harm in signing the contract and then seeing the property immediately.

I'm sure that I've watched to many episodes of "The Wire", but drug dealers get robbed and attract other such violence that could bring harm to innocent people in the area.

So measurements are on the whole building, not the individual units.

Quote from a Investor friend on another forumn in a similar recent question "An individual can do up to 3 in 12 months without becoming a mortgage loan originator so long as he's not selling as an LLC.  

@Amy BrociousA recent home(rental) we purchased:An individual came to me wanting to sell me his house.

Each one is looked at individually.

Now some banks might have a total lending cap for any one individual.

You may find later on that assigning contracts as a business venture can be different in the eyes of regulators and others involved in RE than an individual who just assigned a sales contract.

I believe it goes back to what the agent said individuals who have been pre-qualified but when the bank makes it's final decision they don't meet the criteria of having enough for closing and three months of the mortgage in savings people or the other numerous stipulations. 

If the LL is a big organization like a REIT they may be unwilling or unable to negotiate lease terms with individual tenants.Or maybe the LL just thinks their space is hot enough that they don't need to negotiate as another tenant will accept the default lease terms.