Appraisals are also slow to keep up with any price depreciation--the city/state doesn't want to go out of their way to reduce their tax base.

@Brandon BrownDoor Hangers on apartment doors - message drive to a websiteMeetup.com Group - Create One - Meeting at a restaurant for just denied for a mortgageGo door to to door next to RTO Home - Pick Your Neighbor Flyer - Earn $50 dinner certificate nice restaurantBandit Signs and directional signs - Rent to Own HomeBIG yellow hand written sign on front yardCraigs list adOnCarrot.com Tenant Buyer Site https://oncarrot.com/rent-to-own-website-templates...

If it's a lender we know nothing about, they strongly encourage the buyer to at least do a phone application with our preferred lender so we know that the buyer is good.For this particular property - make sure you have fantastic pictures, reduce the price to your contracted price, and talk about that in the descriptions.  

They may also tell you how much you should earn if you buy by their price sometimes, like a pro forma estimate.

As I am sure to make a ton of mistakes, I wanted to join this community in an effort to reduce this number by one or two errors in the future.

After, try to raise awareness of issues, and if credits are not granted, or price isn't reduced, you still buy. 

I imagine the original note had an assignment of rents and when the owner had to reduce rents or had a vacancy, the bank exercised the assignment and the bank later sold the note to a note buyer, most likely for a discount.  

I figure if I can cash flow the land put our cash requirement into the building, it would reduce our up front cost. 20 year loan is the max they go on commercial, and payment.

background checks, credit checks on lease renewals if not done by previous owner to reduce economic loss.Would you agree or are there any others you would add?

There are other web sites to find justifications to do the wrong things in RE, not so much here.Now, a Land Contract doesn't have rent credits, principal amounts are reduced in a note and they are a financing arrangement