Is there any difficulties in refinancing before the balloon payment that anyone has experienced or foresees?

Make sure you have an experienced inspector who also will give you an indication of life span for major systems.I'd create a sophisticated spreadsheet with as many costs broken out as possible. 

While some talented and experienced agents may be included in the selection list, many are new, or part-time agents that are happy to have business.

Any thoughts from experienced RE investors?

Certainly that's a safer approach for the buyer, but could easily put him at a disadvantage relative to more experienced flippers who can complete the due diligence quickly and make offers with few, if any, contingencies. 

They are in this for the long haul.I also know a couple of great contractors that I've spent roughly $500k with in the last year and a half or so between the two that I can recommend.As for the auctions, I have not gone personally, but I know some experienced investors that used to go before the market became supersaturated. 

Now that I have found this amazing community of knowledgeable and experienced investors, I see a light at the end of the tunnel.

I have experienced nothing but respectfulness and helpfulness from the male investors I have worked with, which is awesome!

Retail triple net STNL I will work with 1 million and above in price because it is 1 lease to review.

Got a duplex with one unit Section 8, month to month and in Indianapolis Max rents for 3 bed in Marion county was about $1,200 when I searched online,  though that seems not to jive w what you are experiencing