When I do quiet title actions in California, it's pretty common that there are people or entities that are no longer in existence, so we're not able to serve them with the lawsuit. 

The statements are done manually and there are always errors.

Would love feedback on whether I am in the ball park on the loan possibilities:Details on the building:-15,000 SF sing-use commercial building; current value $800K; well-maintained-25 payments remaining on current loan ($160K payoff)-Tenant is a profitable retail franchise; Landlord and Tenant have common ownership.

You need to make sure the title company and it's errors & omissions policy, covers your ongoing interest expense.  

These are some of the most common ways that I see people source off market properties. 

Josiah - I took a look at your analysis and you might want to consider: expenses for common utilities (i.e. sewer, electric) if there are any, "re-leasing" fees from the management company (I would anticipate 1 or the 4 units needing to be released each year), and then overall maintenance each year - not sure I saw a number for that, but I would think 8-10% is a good start.

If your strategy is going to be buy and hold BRRRR’s…in this case a HELOC may be appropriate because you can just draw what you need and only pay interest on what you draw instead of the whole pot (and HELOC’s typically are interest-only during the draw period, commonly 10 years).

Commercial lending fees are coming higher - about 10% of the loan amount and want to check if this is common  or any suggestions on how to refi economically?

Or it common practice for them to attempt approach the owner, with a buyer, retrospective?

@Seth KillionThere are multiple ways for more than one party to own a property.Tenants in Common(TIC)Entity(LLC, LP, GP, Corp, Trust, etc)The issue that you would have if you are on the title/mortgage that it would be hard to deflect the tax obligations to other parties.Best of luck