When attending an auction, and payment is said to be “[...]Cashier's checks made payable to the bidder as a natural person (Not as a Legal Entity)” what exactly does that mean?

That includes vision, mission, criteria, roles, financial contributions and disbursement, action plan should someone want to pull out of the partnership, what to do if something goes wrong (things will go wrong, it's just the nature of the beast), etc.

The building is absolutely beautiful. 

It's a beautiful location with home prices ranging from $350k and up.

@Francois Frigon Looks beautiful!

Just keep in mind, replacing an item (carpet) in your unit with something similar in nature is "not" an upgrade.  

He talks about big corporations (naturally).

You have to know the natural and most effective way to segment your business into its key components and sub-components, at which point you can work on scaling/optimizing each of those segments and sub-segments.But, I can't tell you what those segments/sub-segments might be for your business, because I don't know your business. 

Those 8 Cleveland beauties will probably cost $200k, all in cash, unless you can buy a package of them from another investor or find a lender to write several $20k mortgages.

I did it and it turned out beautiful.