I have a generic requirement in my leases requiring the tenant to have renter insurance, but I never bother requesting proof of insurance, and I suspect most of my tenants do not buy renter's insurance, it is only there so I can say "the lease requires you to have renter's insurance, it is not my problem you didn't get renter's insurance for your belongings"

We web search them and look for issues like heavy partying.

After visiting their web site, I received a call from one of their reps and he seemed positive about getting me underwritten for a $300K line of credit using an SBA program.

Send me a colleague request (or I'll send you one).

Their web sites can point you to a local agent.

I've never been the type to be really active on a web forum but this is something I'm very passionate about so I'll be participating here as much as possible.

@Samia BinghamSamia - Would you be able to elaborate any more on the present setup you are involved in/have the option to purchase.This type of investment interests me quite a bit as locally it seems to be a niche that could be filled, I'm sure plenty of other locales this works in as well besides established markets.What I'm interested in, are rents paid (if you know the ranges possibly) roughly the space someone gets for the rent, what perks they get -- is there coffee, virtual receptionist -- how is the office decorated/set up - any furniture supplied by landlord, can you pay online, terms of leases, bathroom set up -- do the tenants have to pay for web access or utilities, housekeeping, any fights/spats between neighbors, what type of tenants make up the mix.Really any insight from your experience would very much be appreciated.  

Since banks will only talk to the borrower how would I get a pay off amount if the original owner is unable to request one?

Requests for specific lender, though, have to do into the Marketplace.Most lenders are going to want 20% down.

Free interest for a period of time is certainly a request that can be made.As to your offer, you stated cash upfront and then in your follow up post, you mentioned you would need a loan since you do not have that "cash".