Good tenants currently, units are full.

Are there lenders who will do a drive by appraisal, or one based on broker price opinions that won't cost as much as a full appraisal?

These leases should also be recorded in the public records.NNN leases are commonly used for commercial transactions.

She could sell it at a full price, pay a Realtor and closing cost and still make a ton of money!  

I do this all day every day, full-time, but I still lean on three or four realtors to help me double-check numbers and thoughts.  

Like full time job for 2 years, credit, form of income etc...  

@Joshua Tikal College rentals are not something we specialize in but the experience I have had from managing thousands of rentals over the years is that everyone starts out wanting to provide good housing options for the general public but lose sight of the fact that this is a business and please run it that way.

Basically, you want to make sure the price you bid is the full price you will have to pay and that there are no hidden surprises.

The annual tax savings would make a full 1+% cap rate difference.Do you guys typically factor in depreciation tax savings when running the numbers on a large complex?

BTW the Sheriff doesn't sell most foreclosures in Colorado, it's the Public Trustee.