In our area, there are tons of vacant commerical buildings, yet the prices have not dropped to reflect the vacancy.

It's one thing if you have no idea of what's going on, but since you have your suspicion, it only reflects negatively on you if you turn the other cheek.

The credit score will ultimately reflect negative items.

The credit reports have reflected that.The underwriting requirements are beginning to aggravate me even though I read that the requirements were not supposed to be as strict with hurricane katrina.

Hi, I have property under LLC and the current lease agreement with tenant reflects that. 

If you have a two year mortgage history, than 75% of rental income is counted if not reflected on your tax returns.

It makes sense as to reflect cost of living challenges compared to TX, AZ, NV etc...where you can buy a decent house on 50k as opposed to paying 2k a month for a 1 or 2bd apt in LA.

Each year on my birthday, I reflect on what I have done that year and figure out what I did to better myself and how I am different from the previous year.

The idea of marketing my brand to investors has also come up, and this reflects the scope I was so overwhelmed by when I posted the question.I guess it comes down to my priority at this point.

I think you included most of this because your cap rate seems to reflect it.Because the property is occupied then it doesn't hurt to ask the seller if they can produce a listing of their expenses over the past 12 months.