3) Isn't the "attorney"/investor risking that someone will bid up the property at foreclosure?

Now tenanted and has some operating history to show.Basically there should be a 'story' behind why there is limited info being provided and you need to find out what it is.Regardless, limited information means more guess work on your part which means more risk and so a lower price to mitigate and leave a bigger buffer.

Any unused passive loss gets carried forward.Let me know if you have any additional questions. 

If we end up  with Weimer-style hyperinflation, however, I'm hosed, but it's a risk I'm willing to take right now.

You all can share the risks and rewards.

I prefer to hold, if I can, and I'll ask for a seller balance carry-back, but I think she wants the cash. 

I too wondered it if had to do with her being new and not knowing what she's doing but that's the risk I took since she has only been a realtor for about 2 months now.

We have 760+ credit scores does running to many numbers make us in risk of dropping below 740?

I actually no longer carry business cards.

Asking for 2600 in rent in Ridgewood is very aggressive and a big risk, imo.