This assumes it is a typical “C” office building commonly sold on contract.If you have an A or B type building that cash flows with other strong tenants and has good property management with a solid documented pay history and personal guarantee from the attorney/borrower who has an established practice and great credit, you would get a lot more.

You can have great credit and still have financing problems with lenders, govt and non-govt guaranteed loans.

I spoke to a hard money lender today and they say they stay out of auctions on homesearch because they don't have a guarantee of clean title. 

Quite the opposite, lenders will not only require recourse, but also a personal guarantee from you.  

Just because the barrier of entry to an area is lower, doesn't guarantee that it will explode in coming years.

Largely due to a larger competitor ousting my bids (has a corporately guaranteed lease.)

Purchase, would be the lack of parental guarantees, or fewer than one bathroom per "unit".

You could read the recorded deed of trust to see the terms.But 2004 does not guarantee much is paid off the note.

There's a very high probability it goes nowhere for you.A free lawyer doesn't guarantee deadbeat tenants can remain in the house.

"The homeowner will occupy the home financed with the guaranteed loan as their primary residence throughout the term of the loan." - http://www.rd.usda.gov/files/3555-1chapter08.pdfI'm assuming this basically makes me a 30 year prisoner to my home unless I refinance or sell?