Darren,I'm new in the industry so you should take my advice as a newbie but, what I have seen so far is when sellers say the prop needs work, usually means more than they are letting you believe.

Couldn't wait to quit the day job.I am the VP of the RAA (Rockford Apartment Association), a group of landlords (SFH, Duplex, Apts, even some commercial) who get together to stay informed of local issues facing our industry.

I am a newbie to the industry.

However, the further you leave the bay, most likely you will have a bit less appreciation and the local market could be dependent on certain industries that you need to figure out and be aware of.

Honestly, unless you are hell bent on REI only from day one, I suggest you start looking for a day job in a related industry so you can start learning "on the job" while earning a steady paycheck.  

My topic involves medical sector financing and I was wondering if you could help me find information regarding how a bank assesses discount fees when purchasing portfolios. Is there a certain rate of return they sh...

Tool rental places now sometimes carry industrial ozone systems, I've never used one.

I don't have the platform set up for that, or the ethics to take someone's money for something I don't own yet and thus can't sell them.I can't imagine anyone with true experience/knowledge in this industry would want to deal with them anyways.

Multifamily, retail, office, industrial, warehouse, hotels, etc.Has this buyer purchased other commercial property before or are they new to commercial r.e. investing??

(I didn't happen to have the spare change laying around)I was in search of a resource that would help me understand the ins and outs of the Real Estate Investing industry without spending over $50!