They can list a large number of properties with just one assistant.The 4 other buyer brokers that lost out get to go find another property again and waste time and gas so when something does close it is a reduced return.I work with lot's of buyers on the commercial side but it is number crunching from my office, e-mails, and phone calls and not driving people all over creation like with residential.    

Another thing you will want to address is the possibility of the presence of lead based paint, asbestos, or radon gas, this is another area for questions and answers you will want to have. 

If a note is found to be out of compliance, errors or negligence of any previous note holder, the note may not be a valid debt or collectible and you'll be wanting that seller to buy it back.

The contractor does not tighten the gas cap down completely and two kids die in their sleep from the fumes.

What expenses do you expect to pay vs the tenant, gas/elec, trash, water, etc?

I come from 30 years in corporate oil & gas accounting. 

Otherwise you could be looking at paying around 50% of your rental income in expenses such as water, sewer, electricity, gas or oil, trash, and property maintenance, as well as insurance and that hefty tax bill. 

Gas and electric are metered separately.

But he said the electric and gas service were still in place and the property looked in okay condition.

Also I have a guy that works for the local gas company who does the turn offs for properties.