CMBS lenders typically can’t lock more than a few days before loan closing.

This value is typically different from a property valuation or a comparative market analysis that a realtor would provide.

Typically, you're right though.

I have analyzed smaller apartments and it is typical for these mom/pop owners to misrepresent expenses and income.

The downpayment requirements are typically 40%, with a 60% LTV loan.

We are really good at review - we typically have internal accounting departments at our clients looking at our work and other big 4 firms looking at our work (sometimes the partners in the deal are big pension funds and institutional investors who all seem to use big 4).

Typical profit for turnkey provider 100K property is at least 20 - 30k  minimum.

I understand that with a typical FHA loan, only up to a 4 Br can be purchased though in this posting it says two building are "included in a package".

The typical total commission for a business sale is between 5-10%, but like real estate, there is no standard. 

Due to our experience realtors are typically good at running rental comps from different sources though.