You could be burning a good deal.

That means if you burn hours or days of a Realtor's time and then buy through someone else, he gets nothing for his work.I have a rehabber who I've helped him buy and sell three different transactions over the last two years. 

However, I know once I deliver the 30 day notice to vacate, they will be very overwhelmed because they just have so much stuff everywhere (they are even storing some of it in the burned out other unit). 

Not a total burn, but one room was badly damaged and there was smoke damage and fire suppressant sprayed thru the whole house.  

I'm going to answer question 3 that is normal for many properties on MLS if you want to adhere to the various "rules" however, you won't buy a lot of properties offering that far below asking, and unless you have your own RE license or contract you are going to burn through some realtors who get tired of making these types of offers.

I left with a burning desire to have sandwich leases within mobile home parks and/or wholesale properties.

Just make sure you have a good solid contract outlining everything so you wont get burned.

If the place burned down and your insurer found out she was operating a business, the insurance provider could refuse to cover your loss.

Every smart owner has done incredibly well, but there are plenty more that crash and burn because they went too fast and did not bother to learn the industry or be patient for the right deal.

Also 100 million is a drop in the bucket for high priced markets .. and you see the photo they have about 25 people so burn rate will be high I bet LOL