Not just multifamily but office buildings, industrial, retail etc.   

They are more than likely wanting retail pricing for their property.

Well my first thought is they deal you can get in these cities is the best deal....Lots of competition from investors with cash and retail buyers willing to pay more sometimes than investors. 

As we continued to have our conversation she stated that she also had a 300+ storage unit complex with retail on the same property.

We ended up becoming really close friends, and started looking at ground-up projects together.I was also connected with another retail developer who was working on a $100 million renovation project next to Disneyland.

If the choice is buy turnkey or OOS rehab with retail contractors, I'd go turnkey.

Is this a discounted foreclosure or a retail house? 

No matter if its a wholesale deal, retail, or buy and hold>1626 N.

The village is very close to a larger town that has a hospital and large-ish school system and many retail and restaurant-type establishments, so there’s plenty of folks there looking for long-term rentals.Property 1:This is a duplex, built in 1895.

Also, mls properties have been exposed to the whole retail buyer market.....not good odds of contracting it for a price that you can turn around, add a fee, and still flip for a “bargain” price to an investor looking for a good deal.