I have some buyers in that area but I would need to know details of the property.Do you have an offering memorandum with pictures, sq ft size, tenant histories, lease rolls, asking cap rate at the 24 million price, last T12 (trailing) months of occupancy.

Your umbrella insurance policy should be for $millions.6. 

@Will Barnard   would love to see your multi million dollar deals...

Enough to turn down a million-dollar offer because you can

My current portfolio is about $4.5 million, but since property is so expensive out here, that translates to 8 units, which is manageable.

I understand that a million things could go wrong and that I might end losing everything, but I’d like to understand the risk/rewards to be able to make informed decisions.

viz, if your opportunity cost is 7%, and you are looking at a NOI of 100K/yr, then you can pay no more than 1.42 million for the cash-flow (but probably should pay no more than 1.2million).  

@James Wise some of the techniques do seem a little far fetched but they probably weren't back then.

For those like me who like to watch HGTV and dream about a million dollar flip.

Some of my clients have millions in cash to deploy on properties we are evaluating.