Alfred Bell - I would first just tell the LO's that the property is for sale (I would not mention the seller financing angle to start) by owner.

Seems there would be some wide adjustments there as well.Your adjustments should not exceed 10% of the sale price on any one adjustment and the total should be within 20%, exceeding this may show that your comp just isn't a comp.

This is how it all started I got a mortgage from Ameritrust who then sold it to country wide, and then ameritrust folded.

That year of building is probably running galvanized pipe from the water meter at the street sidewalk to the building.Those usually rust internally and start leaking underground.To replace that line with copper can be very expensive especially if the line runs under the parking lot.You would need to cut up the road,take out the line,put the new copper line in,and then fix the road.This can cost tens of thousands to over a hundred thousand depending on length of the run to fix.I would be concerned with a building of that age with hidden problems discovered once the current tenants leave doing TI.Could have asbestos,roof problems,sewer problems with the cast iron system,lead paint,etc.With retail buildings usually have a life cycle of 30 years so they are usually torn down and regenerated instead of a 50's vintage still standing.Regardless if it is a great location and not a dying part of the old town where the growth has moved then eventually a developer would be interested in partnering with you and building new or buying from you outright.You have to really look at these types of deals from all angles and work with someone looking out for your success.Not someone wanting to just "sell you something".I view instead of selling people on things to get one off commissions to instead help them make long term sound purchases.If one is successful then it stands to reason a relationship will be formed and they will buy more off of that success.If a broker/agent sticks someone in a bad deal then later business from them and referrals will be non-existent.Some of these brokers only representing corporations as sellers do not care about the buyers or if they buy right.This might could be a good deal for you.Just think of the multiple exits as much as you do about the purchase.

If you need to make the most of your time, again, perhaps it is something to consider. if your time is wide open and you want to get the best returns, flipping done right will yield the highest returns in my opinion.

The easiest and most widely used application would be Microsoft Excel.

Most of this information is all over trade media.Regarding the foreclosure numbers, those are pretty widely know and have been commented on by several folks.

Gifting, allowed under the IRS still has a 3-7 yr contemplation rule as to disposing of assets in other areas, usually the house is exempt, I'd ask the attorney about any estate angle and it might be better to have both on title and then give you the house over a period of time.Since it's a cash transaction, there really is no difference other than showing where the funds came from if you buy.

An angle grinder with a diamond blade for those odd cuts and for cutting holes around pipes.

Similar in most states, though the timelines and details and the actual process vary widely.