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If you're a lender, I might have some borrowers for you depending on your U/W requirements.

In this case the current financials on the property aren't great(rents well below market value and the owners family living in several of the suites) so the lenders will likely not provide the funding based on poor NOI.  

@Joshua Tobin They all pay online through AppFolio.

When you have unscheduled entry as an option, I think it encourages them to do weird stuff like hide stuff in weird spots, etc because they are always on guard.Hoarders clauses would have to be linked to fire codes I think for excess people and materials near fire sources, etc.

@Alan KopmeyerWhat due diligence have you done on them?

Basically, they are abbreviated inspections that focus on the more expensive liabilities that investors are looking for instead of under-caulked windows and damage to drywall.

Capital needed depends on market and deal size.Good luck!

Welcome to BP.One of the things to consider is we have 3 different states in the area with wildly different laws on this topic.

There's almost always something worth buying on the MLS.