There is a great group of members on here to connect with.

. - We don't have a "Rep" at MSI Chicago because they are so big and just do everything online - at least from our experience.  

I came across BiggerPockets on Podcast and have not looked back since.

Odds are the drain line, condensate pump, putting down new riser blocks or mounting blocks, the whips and line sets, new disconnect box, new low and high voltage wiring aren't in your Google pricing.

I would offer 90% of the market value. if he sells it you with no agents he is saving 6%~ on real estate agent commission and the other 4% is a convenience fee in that he dos not have to endure showings etc. and you will get better pricing on a non-owner occupied property if you put down 25% is compared to 20%.  

Also wondering everyone’s opinion on the market, generally.

In which case, if he sets up the state LLC correctly, and depending on what documents are available for public viewing, he would be able to pull it off no? 

If it passes, that means there is a ceiling on rent, which means owning rental properties in CA less attractive.

My understanding is that most lenders will file a mortgage lien on the subject property as soon as the loan is signed so as to preserve their rights, but what if the lender did not do so before the borrower defaulted?

Working on a small multi tenant industrial deal where there are a few tenants have leases that are missing information such as term, lease end date.