If you are unsure, then don't make them up or just guess.

I guess I don't have to de-convert, the idea came through researching online about how to buy a condo association.

There are Lots of lenders out there putting out garbage preapprovals...I guess they’re afraid the potential borrower will complain about all the “extra” documentation.

It all depends on whether you want to guess from the exterior, or break laws by trespassing and door knocking.5. the usual unexpected repairs seems like another thing to add.Are you opposed to wholesalers?

That is a good point once I find a property im really interested in I guess that’ll be the to run the number and decide what works best.Mathew

After many conversations I guess Private insurance normal there.

My guess is that it's a bank owned home and it's just sitting there. 6 years without becoming a REO is a pretty long time so maybe something weird is going on internally with the new owner.

The lender looked at the books for the year and I guess they didn't care about the month to month.

Not sure where you are seeing these wonderful prices but I am going to guess these are prob high crime areas.  

However, they still request a personal guarantee for new businesses, as I would guess that most do.