If there are multiple applicants, we run both separately but we take the applicant with the best credit to determine the deposit.

The value of commercial real estate is determined by your Net Operating Income and Cap Rate for the area, not comparables.We purchased a 37unit in 2009 with $150k down. 

Note: If you purchase a property that has been struck-off to the State, fist check (ask) with them to determine if any existing liens/current certificate holders, etc. are there or if any prior tax liens, etc.. are still attached to the property. 

Even if you don't buy this one I may be able to at least help you determine how good a deal it was (or not!)

@Kevin Beresyou may also want to determine what you want to cash flow per month.

Place and exact date, is to be determined. 

Post a legal notice to enter to find out the condition of the property and to determine if it is abandoned, following the local landlord-tenant laws and using their definition of abandonment. 

Then you can better determine the current stage/status of the foreclosure.That being said, if it's your goal to leave the property voluntarily and not be evicted I suggest getting on the minimal necessary repairs and utilities turned on to make your gutted home livable asap.

Make a column for each of the following:Task #Task NameDuration  (You can either input the duration and then add it to the start date to calculate the End Date, or you can enter the Start & End dates and then calculate the Duration, which can be hours or days.)Start DateEnd Date% CompleteResource (Who does it or who is responsible for making sure it's done)Dependencies (What has to happen, before this task can happen...use the task #'s to link your dependencies)Cost (how you get this is determined by the type of cost, if it's hourly labor, you can have a rate column and multiply it by the duration, as long as the duration is in hours.  

The determining factor for whether or not the bankruptcy is going to matter is if the bankruptcy was filed before or after the property was struck off at auction.