That is pretty damn efficient and probably one way he was able to scale up and build hundreds of units in the first place.

So for example, if this was purchase from and auction (government tax or private sector auction) make sure that their are no judgments or government liens on the property...these types of issues don't come out of the shadow until the government does a national audit on all their outstanding debts.

The other reason that the Markets have gone up is because Companies like Google, Microsoft, IBM etc. are buying back their own Stock, which lowers the amount of Shares outstanding and that raises the Value of the Stock.

Congrats, outstanding job!

....you can't just tell us the answer @Jeff B. it's 4:57 I'm trying to get outta the damn office haha 

@Shawn HydeI do not think the lien in FL will give you the right of possession but f you are worried re trouble makers, you might want to acquire any that are outstanding. 

Damn!  

Remember, the bank is trying to cap (or recoup) losses as best it could, the appraisal is just used to get them an estimate of current value and really has nothing to do with the outstanding loan commitment.

The outstanding default amount is pretty close to the value.Wondering if there is a way to get in ahead of the trustee auction (vs compete with multiple bidders on the day..) if I can get the seller on board and get the bank to agree..

In general, a city won't issue a certificate of occupancy if there are outstanding issues (violations, open permits, whatever else).