Your subject Property has several “major” buyer deterants.

Unless of course your first purchase will be a major one this is what I would do.

My mother worked there as well in the closing department, Kathy is a top notch person! 

You could also just google title companies nearby - often the same four or five major players will show up.

The end game is what's in question here.I'm thinking we take a flat cut off our earnings, but the majority goes back into the business

Did the property have any major maintenance or upgrades done to be considered a B class apartment building just because it will not need any major maintenance for the next decade or so to lower the cap rate?

Fast forward to today, I have a quasi GC doing a rehab where he does the majority of the work in house, subbing out a few tasks, and I'm hiring a couple contractors directly and then coordinating scheduling.If you are looking at a specific repair task and want contractor referrals, I'd be happy to assist and provide my $.02.Use CL as a last resort; a lot of no shows and family emergencies is all I got from craigslist.

The majority of the ones I am running across require you to be an accredited investor. 

If you talk to the bank, their foreclosure or loss prevention department would probably know more than their regular customer service dept.

does it need work(major or minor)?