Every day for weeksI'm not recommending this for anyone, but I would stop at obviously abandoned properties that had potential and wander around, looking in windows and sometimes going into the house - through an 'unlocked' rear door of course :-)Sometimes the windows are boarded up and you cannot get a view of the inside....then it's just your knowledge and your gut once again.Go to the County and look up the owner....send them a nice letter....even make a dollar offer if you feel so inclined. 1 in 10 might respond.This is the way to find deals with a lot of equity potential IMHO. 

Looking at two potential ways to buy real estate for long term hold rental. property A assume the loan on a property with no equity at 6% interest rate.

For commercial spaces - I prioritize a long term / cheaper tenant over a high rent with the potential for vacancy. 

Make sure you have the money buttoned down and let the buyer know that it is secure and meets their timeline.

Hi Geoffrey, there is a tiny chance they will agree to postpone but you need to contact the lender immediately (bank in this case) and provide the evidence that you are a serious buyer (this can include a signed purchase agreement and proof of funds).

The buyer had an inspection and has requested for some cap ex repairs (new roof and new sewer pipe).

The RE market will probably be better as a buyer in a year anyway.  

You might also meet someone that could be a potential business partner.

I had a last question about when or if I should hire a buyers agents, assuming im preapproved and im at the point of finding a deal: do I hire a real estate agents or home buyers agent to find a home that fits my criteria?

Also, any connections to some buyers?