Sellers also don't want to shop around for new houses, when they're being ordered by state officials to shelter-in-place.

This is seriously one of the most useful resources I have ever purchased as an independent landlord, helping me avoid high legal fees on simple questions and breaking out many states' regulations in simple, easy to understand language. 

What was the official "assessed value" of the 6 acres vs. the "market value" of the 6 acres at the time of purchase? 

@Gregory SchwartzI don't think there is an official answer yet as no one really knows.

.• Standard default language used in documenting XYZ Bank credit facilities.• Standard cross collateral and cross default provisions.• Appraisals to be completed prior to closing.• Standard due diligence related to real estate secured commercial loans.• Auto BillPayer from XYZ Bank Depository Account.• Other conditions as may be negotiated.

Disclosures:-Just as an FYI: You will see in the contract “a unilateral right to assign without requiring the consent of the homeowner,” this is not common language in a transaction, but they will throw something in the contract to that affect -The contract should spell out in detail where all the obligations are.

Also, you get higher rents with section 8.See link below for Southern Nevada Regional Housing Authority, SNRHA, it's the official name for section 8. 

I'm trying to get a sense of whether your seller wants to get this done as badly as you probably do.If so, then your offer of 20% down ($3M) certainly seems reasonable and shows good faith.The specific note instrument the sellers signed when they originally took on the $9M debt will specify whether there is a "due on sale" clause or other language that might prevent you from purchasing the portfolio subject to the existing debt.

I attended high school in postwar Vietnam but the school, for ethnic Chinese, was not officially recognized by the Vietnamese government.I am fluent in Chinese (the two major dialects, Cantonese and Mandarin) and Vietnamese.

You had the chance to inspect the building and the unit and incorporate it into your purchase price.As far as a difference between the initial MLS listing saying there was a lease, and subsequently finding out there's no lease, the MLS listing means very little and at the bottom of every printout or web page you'll see language to the effect of "information deemed accurate but is not guaranteed and buyers are advised to due their own due diligence" etc.Basically it means that while the agent should not deliberately lie, they can't be held responsible for inaccurate information there and you were advised that it could be incorrect and told to investigate further.