My advice would be to move forward, conduct due diligence, and either buy it if the assumptions are verified or walk away.

They create standardized forms, conduct lobbying activities, etc.

When the tenant turns in keys, we conduct a "safety" inspection within 24 hours to ensure the unit is secure, heat or A/C is adjusted, the unit is vacant, the level of cleanliness, etc.

You need to conduct comprehensive inspections, analyze market trends and understand tenant demographics.

Secure financing, conduct thorough due diligence, negotiate effectively, and plan for property management.

@Laura Van Lenten,There are two main avenues for conducting a cost segregation study (CSS).

When conducting a BRRRR of a property that a bank only allows a commercial mortgage on (4+ units), the ways to add value are much more straightforward than a smaller multi-family.

If my offer were to get accepted Im curious on the ways to conduct a walkthrough with the current tenants stuff. 

Conducting thorough market research and partnering with local experts can help investors identify lucrative investment prospects aligned with their objectives.In conclusion, Mobile, AL, presents a compelling case for investors seeking to capitalize on the region's economic vitality and strategic advantages.

Now as far as business I am conducting can require me to have an LLC or business license in the state I am in.