Sebastian, first of all your mind is definitely in the right direction.

View report*This link comes directly from our calculators, based on information input by the member who posted.Somebody help me execute a successful BRRRR calculation please....figures and whathave youThanks

Here's a suggested approach:Verify Rent Increase:Request a rent roll from the seller to cross-verify rental history.You can ask the current tenant for confirmation, ensuring transparency and avoiding surprises.Contact Existing Tenant:Communicate directly with the current tenant to discuss the property and their intentions.Understand their perspective on the rent increase and their willingness to stay.Reason for Previous Buyer Backing Off:It's reasonable to ask the seller or their agent about the reason the previous buyer backed off.This can provide insights into potential issues or concerns with the property.Negotiate and Due Diligence:If you're still interested after clarifying these aspects, negotiate based on your findings.Consider conducting your due diligence, including a thorough inspection and possibly consulting a local property manager for insights.Evaluate Costs and Risks:Assess the costs associated with potential repairs and factor in the risk of the increased rent being accurate.Weigh these costs against the reduced purchase price and potential future returns.Remember, due diligence is crucial in real estate.

Long answer is that if this is within US jurisdiction they will have to get a judgement in court for the amount first, then they can apply to have it as a lien on your property.  

It also comes with an additional 5 acres highway-commercial zoned, so we are going to put up a bi-directional billboard.

(looking around in the MS area to buy a property that needs some rehab and a motivated Seller)Key Aspects on location: Large universities / Hospital System / Crime / Retail situation in the nearby area.A little direction to how some of you have started analyzing deals and targeting your markets would be very helpful as my next goal is to start analyzing at least 3/4 properties a week.Would like to connect with many of you and let me know how I can help with any questions in regards to Commercial Real Estate. 

I can try to point you in the right direction

Re syndication I understand you need  to develop an extensive personal network to try to vet the various operators directly.

BRRRR works everywhereBRRRR is very difficultTypically you need a distressed property that is off marketYou can buy off market from wholesalers or market directly to potential sellersYou need a property that you are buying way, way below ARVEvery step is challengingAppraisals are inconsistentHope this helps

Going to put what I wrote here because I think it still applies:- Search Bigger Pockets for investor friendly brokerages in your area, interview them, and join a team which will mentor/coach you on being a great salesperson and being a RE investor.- Put most of your effort towards becoming an incredible real estate agent, detach yourself from the monetary outcome, focus on providing value and an amazing professional service, and build an unwavering commitment to these things for the next 18-24 months.- Focus on learning over results, adding value over being the best, and actively revisting your overal goal, from there you will be setup to have an incredible real estate journey and life.I haven't mentioned anything around real estate investing because if you are committed to doing this investing for a long time, then working on your mindset, working on being a helpful and value add agent, and these fundamental things WILL help you become a successful investor.