If you buy the reo thru your broker as an agent it would be up to your brokers policy if he pays you a commission Once you acquire the property you can list it and sell it and collect both sides of the sale,again according to your brokers policy

IF you calculate vacancy based on income, she is currently only collecting 61.5% of the potential...big opportunity for you to improve NOI but you should calculate offer based on current occupancy/NOI only.  

Good Evening, I'm just curious if anyone has dealt with extensively with Commercial Real Estate...  

I do not fit into this category.I learn through experience, and I have invested in my properties after extensively driving and walking the neighborhoods in which they are located.

Basically the owner gets the bill from the utility company and pays the bill, then they use a different company to take in the data from all the submeters collected from the BMS system to write their own bills to the tenants to get reimbursed.  

Please advise on whether it would make sense to add an extension to the house to provide a second bdr to the first floor unit (700 sq ft extended to 900 sq ft) at cost of 25 to 30k.

Supposedly HUD did an extension for the M&M awards until the end of May.  

You won't be collecting a commission as the buyer on an FHA short sale. 

Basically, I've had the initial conversation with them, asked about their houses condition, and the majority of these leads are folks who want retail for their house that's in need of extensive repairs.

I cant imagine property managers do EVERYTHING for an investor so they can sit back and collect paychecks each month...or am i wrong?