One significant catch is you need to improve the property the equivalent of the acquisition price. 

References:David WilliamsREDACTEDRay Lollis REDACTEDEdward ThomasREDACTEDI was okay..and with a simple google search, you can tell that it was a scam.no lender loans 25k  and 5 million LOL.. good catch though.. 

Subtle Outside or Inside to make it look more appealing to the eye.  

So if you you've done some vetting of their financials and can confirm they're actually looking to buy and have liquidity, then I would say just keep that enthusiasm up, especially for out of state clients that have their eyes in multiple markets. 

We are in this category, but we have a struggling tenant who's under stipulation, was four months behind in rent of $2,250/month last June, and agreed to pay $3,000/month to catch up under stipulation in July, haven't paid the stip since December, now 5 months behind under the stip.

And the complaints about these properties are probably coming in because they're found in nice areas and the neighbors are sick of the eye-sores.4.

It was an eye opening process, largely in how long it took to move through the system.

If there was, there would be a catch, so I'd opt for reserves.

I am keeping an eye out for what will transpire in the next 1-2 months

I do have a transactional funding company I'm eyeing to work with recommended by an attorney.