Sale price is acceptable, but would want to get it lower.

If for some stupid reason the parties overlooked this in negotiating the sale of the building then the new owner is stuck for what ever is down as security deposit on those leases and is responsible for honoring that to his new tenants.

You'll more input if you provide:Comps, with SF, bed/ba amenities, condition/upgrades at time of sale, etc.Same info for the subject.Don't expect us all to do all the research to come up with the comp.s

I am currently in Houston and looking for job in sales, or real estate.

Closing of the purchase  could happen as soon as this week so I am anxious to get started and move on to the next one.My dilemma comes from the "turn key" company that helped me buy the house (it is an REO, so they provided the realtor) and they also are supposed to manage the rehab and the sale. 

There is nothing the same about buying a home to live in, or an investment property...even if the two are identical...right down the the cost, mortgage, utility bills, all other bills, purchase price and sales price.  

The five acres next to mine is currently up for sale.

I have been in sales and marketing for almost 30 years. but I have a few major questions that might answer the question of why so many fail at it.1) Do you need a license in the state of California to close these transactions?

I graduated college 4 months ago and I started health insurance sales 1 month ago.

Until it is recorded the city is still going to show the old owner as of record.Part of the foreclosure process does require advertisement in the local paper a certain number of time before the actual sale.If the notice gave a court docket number you can look at the case at the land court in Boston and see who the attorney is and try to contact them about purchasing or purchasing when the actual sale is (without looking at the actual ad, this may be the first step before the foreclosure is scheduled in which case there will be additional notices)Not sure if there is a law library in New Bedford at the court but if so they might be able to provide some additional information regarding how a foreclosure works in MA.