It's absolutely frustrating, but common.

For instance, a deed restriction on age, which is common in Florida will limit future sales.  

My plan (common to tax sale investing) is to do preliminary title search myself and then if I have narrowed down to 1-3 properties, then pay abstractor to title search before bidding/interesting.  

I would like to start a good discussion here as partnering in real estate is a common practice. 

This is how I view your deal:Monthly Mortgage payment $603.92 (25% down, 5%, 30yr on 150k purchase)Taxes $280.00 Sewer and Water $66.67 (I spend about $400/year per apartment)Trash $75.00 ( 2 yard dumpster emptied every 2 weeks)Heat/Utilities $- (no common electric, basement or otherwise?)

Not confirmed yet would be to leave the shipping area intact leaving it as common area then further sub-dividing the rest of the space into industrial Condo's 10-12,000 sq ft each .Have not talked Price yet with the seller but I get the impression they Really Really want out I would like your thoughts both Pro and Con to proceed with my due diligence ?

We do have something in common, though.

For the sake of health, sanitation, the well-being of other tenants, and risk of fire I have never allowed smoking. 

The older generations did not have computers, cell phones, financial calculators, ...etc, but they had a lot of common practical sense and deeper understanding of life matters.

Its up to you.I have watched the industry go from charging a convenience fee for paying online, to now more commonly charging the fee on the methods you don't want them paying and giving away the online payment option.Like everything else, establish your policy then stick to it.