With publicly traded corporations the majority shareholder, anyone with >50% of a companies outstanding equity, can control a company because they hold 51% of the voting power.

The approval process for business loans is largely based on the business’s financials, including revenue and outstanding debts.

I know the purchase price, but I have no idea what else I would need to spend to get this sell ready.I've looked at the county records and can find various liens for weeds, rubbish, and nuisance, but I believe (not confirmed) there are environmental issues that is keeping everyone away from it.How do I go about finding out if there are environmental issues to take care of and anything else that I would have to plan for in terms of rehab and outstanding issues? 

Buy now and in 5 years I bet your damn happy you did in 10 years I know you will be.

Failing to acknowledge that things my generation faced are NOT the same as the current generation faces is just being the old guy on the porch shouting "those damn kids are just lazy..... no one wants to work...

Historically San Diego has produced outstanding return on residential properties for loner holds.  

Another deal we're buying now that is 288 units had about $500k in outstanding payables 2 years prior before a new management company came in, so it definitely happens.

Next time ask how long the project will take, any contractor worth a damn knows those costs, as that's how he's coming up with the price for the job! 

So the first tier houses on St George have outstanding views and access.

So even if i put 20% down on a property, with 5-7% rates, the max purchase price I can do is $265k and with a 5% down im looking at 125k which is pretty damn near impossible around here. so looks like I would have to look for out of state investment property which is not ideal.