Laws are heavily favored towards landlords.

Our goals are to purchase properties heavily discounted, offer owner financing to create a note and then hold some of the notes and sell some of the notes.

Yes NNN is one tenant and it can go dark but if you have performed proper due diligence you can heavily mitigate those risk.

It doesn't help that the laws are heavily favored towards the HOAs and the big banks.

Little bit on content behind this question.I'm heavily advertising on Zillow in the cheaper priced areas (I'm really looking at my advertising stragery this quarter) and I get a heavy amount of leads from buyers always inquiring about the latest REO/Foreclosure/HUD that has his the market.When I follow up with them and start asking the pre-qualifiction questions; are they pre-approved, are they a cash buyer, if so how much is their budget?

I already have all the paperwork and I've researched the address heavily though the county websites and can see all the chain of assignments look correct.

I don't use these skills usually because I prefer to be on the Investor side of the equations.I use Automated Valuation Models, and BPOs rather heavily as tools in the investments we do but the situation has really gotten out of hand IMO because the values are so unreliable.I know BPOs are a pain, a lot of work, and little pay, but how can we get better reviewing before signing off on these valuations that are being ordered?  

No feedback on mechanisms of the model, but from a business perspective, the profitability of a project according to this model hinges heavily on your assumptions for rent and price per square meter in the '5) Units' tab.  

@JP LarchevequeThe lending industry in the United States is tilted heavily in favor of retail buyers.

BP is heavily biased toward the investor population.