It didn't go as smoothly as I would have hoped, but hey it's another deal under our belt. http://lizbrumer.wordpress.com/2013/05/26/the-dangers-of-brokering/

You will not have bootleg/dangerous heating issues or pitbull problems to deal with. 

Is it dangerous to do this?

From everything I hear, that is one of the most dangerous markets out there.

All in all, this could easily hit you with the $22k on its own.It is dangerous waters buying utilities paid by landlord as tenants can run up your bills with little recourse for you.

My mind is spinning with possibilities and I know just about enough to be dangerous. 

Having a big chunk of money can be very dangerous.

But even if I just learn ONE THING from a book I consider it money well spent (whether it's a new sentence to add to my lease, or the list of 'dangerous dogs' that cause the majority of 'bite suits', or whatever -- then I have added that one thing to my knowledge base).There are some good threads here on books people have found valuable.

But remember, 1 is the most dangerous number in marketing, so make sure you have other "fishing poles" in the water.Hope that helps.

The problem here is that banks are almost universally lazy and incompetent and probably won't do that.The bottom line is that it's VERY DANGEROUS to buy a building with tenants without KNOWING the lease status.