I have taken tests on multiple professional licenses (most recently the Mortgage Loan Originators exam).

I will mention i have a close friend who is a GC who taught, created the test, and also portions of a GC class curriculum at hand for support.

In today's market conditions I would be very careful going over 75% ltv without a solid business plan.The power of brrrr comes from the repeat where you roll your recycled or new capital into the next deal.

Hey Albertinny, that's my site. i own and run a marketing agency. so i had some help ;-). i've been doing PPC since 2007. i've been doing lead generation for real estate since 2017. i would say roughly 5000 hours and a couple million dollar in ad spend (luckily paid for by clients). however you can start a class or training program and be good enough to get ads up in a matter of hours. you could test out these skills for only a couple hundred bucks. from there it's just Niche, effort and commitment.

Are asbesto and lead testing required for water damage repair related demolition in Texas?

What were the rent rolls before everybody fled the building? 

If you're logic is that you feel like you'd enjoy paying 15% less, it's unlikely that the seller is going to want to sell.However, if you come to the seller with some information about why you think you're asking price is more appropriate (rent is lower, CapEx or repairs needed, etc.) you will at least have an opportunity to talk about it, without frosting the seller.Extra bonus note: using the fact that it's been listed before or been on the market for a long time as justification for a lower-than-asking offer on one of the lowest cost assets currently available in your market will DEFINITELY frost the seller.You'll need to get your hands on a rent roll or a pro forma, too ... it'll be tough to do good analysis without the basic numbers, even if they are padded a little.

So if I were trying to determine a Commercial RE's current value, I would need an accurate NOI (rent roll, utilities, etc.) divided by the current Cap rates (from a broker or PM)?

I'm going to cherry pick a few of the items and roll here:- That price for the inspection sounds awesome. 

@Anthony Gayden I'm going to dabble in that.Thanks for the replies everyone, let's keep this conversation rolling.