You'll get a good idea what standard practice is in the area by doing so.This worksheet should prove to be handy for conducting your interviews:http://www.biggerpockets.com/forms/Property-Manager-Worksheet.pdf

I live in a fairly wealthy town and all the size of this house/lot is up to par with the standard but the quality of it is not.

(I just began full time, one month ago).Do any of you have suggestions for finding distressed properties, or have sites that you think are above others in quality?

Or they can just be the standard root beer in your case, I like you humor and I hope to see you posting around in the near future.

It's almost impossible to get quality work these days, No one wants to use oil based paint on the trim etc. etc.

Price will vary based on quality of materials such as different grades of windows, etc.

I would agree with the earlier posts in that it looks a little soft.That being said, Retail Centers are probably the most sought after property type in commercial and regardless of accuracy of expenses, I would say it always comes down to the opportunity to add value, the quality of the tenants, and the terms of the leases.For example, if you have some strong national tenants on Triple Net leases, people are willing to "overpay" for that type of property - at say a 6-7% CAP.

Looks like the standard 2/3 of appraisal to me...

Gita Faust has a quality Quickbooks solution / training / program.If you're looking for transaction support -- e.g.

You don't say where you are; but I can tell you that in TX it is standard practice on a "foreclosure" (actually a trustee's sale) to issue a Special Warranty Deed, because the trustee was issuing the deed as a function of their obligation under the terms of the Deed of Trust.An "owner" selling would issue/sign a General Warranty Deed, however when you delve into what is being warranted under the terms of each it would be impossible for a trustee to sign anything other than a Special WD.I'm guessing you did get title insurance with this.You did get a "Warranty Deed", granted a SWD with this purchase.