If the deal really is that good you shouldn't have to do that I would think.I've worked with a total of 3 lenders, one of them we were going to do a refi but we decided to sell half way so that didn't go through, but I wanted to say that be cautious if the lender doesn't give you a chance to say what rate you want/you think you can qualify for because they make extra money by giving you a higher rate and pocketing the extra that was supposed to go back to you. 

Has its positives and negatives I suppose.  

He supposedly has done several hundred flips and owns over 50 rental units.

How are you suppose to get work done that way?

In regards to training, I have a training module in my CRM/Project Management system and generally try to write everything down step-by-step and do a screencast so they will know exactly what they are supposed to do.In addition to training them, I would say one of the biggest tasks is making sure you hire the right people.

Supposedly, the majority owner had to sign something agreeing to cooperate if the first trust is foreclosed upon.  

I went up to the apartment to discuss it with her and she was at work, with two supposedly relatives of hers that I had never met and their rather large dog up in the apartment.

In my lease, the tenant is supposed to pay for any repairs that were needed because of his negligence.

(jk)Question: Let's suppose I do the hard work of finding one person desperate to sell their property.  

I realized that I needed to focus on learning everything I could about the business and understand how it was "supposed" to work from start to finish.