In addition to the above comment, is anything documented at the municipality?

BTW, you just said "next" to a nice young engineer who just got a new higher paying job and is an A+ type applicant. 

Purchase price: $105,000 Cash invested: $1,000 Purchase Price: $105,000Mortgage/Taxes/Insurace: $800Management Fee: $100Rent: at least $1,300Cash Flow: $400🤑🤑🤑 What made you interested in investing in this type of deal?

Ideally, they would have access to a line of credit, or some type of loan for misc purchases. 

She has the contract stating I will purchase under my LLC, however now she is saying underwriting considers it a commercial loan and they don't do those types of commercial. 

.: Just post them hereI have local and OOS properties Hey Nicholas one question that comes to mind ( it may seem dumb) but do I have to be present in that state at the time of purchasing or can I sign Documents online?

I 100% understand that state, county within state, building type, age, depth of coverage, etc., etc., etc. is going to make every property unique, but it would be great to come up with a rough rule of thumb that will allow a conservative estimate.

Was this place built as a warehouse-type structure that has been compartmentalized or does it look like a strip-mall?  

Communication and Documentation: Continue to communicate with the tenants about their overdue rent in a professional and respectful manner.

This is the critical document for you.