Maybe longer listings for houses. if you are looking at Businesses for sale, lots of the time they might not know they can or understand it.

For me to go through the due diligence myself and then if I did buy the property going through the zoning and permitting process probably takes more time than I would want to take and would rather deploy my capital elsewhere.

They are much easier to deal with and there are no hurdles or lender requirements to meet other than paying the note on time every month. 

Timing of payment will depend on if you are required to make estimated tax payments.

He should have been able to find at least 80% LTV.  80% LTV is still a norm on purchase, but it's about what can make the numbers work which many times these days constrains LTV. 

There are a lot of active investors out there that don't spend their time on BPs.

Once you have experience and a team to work with there will be plenty of time to go for bigger deals.

The tenant is not as much focused on rent when they are strong regional to national in nature but the best spot they believe drives the most sales and profit annually.It's the lesser quality smaller tenants that are more sensitive to rents because their model is not often proven with scale or over time as much.So you have to know what you are buying and what to do with it.I buy same stuff for cash but I am the GP on the syndications and my LP's put in minimum 200k per deal as accredited investors.To convert the bank to medical would be very expensive.

With investment and commercial financing most of the time broker and lenders can work and are familiar with all 50 states!

What are you going to do for PM and Maintenance as a 40 unit will not support full time either position and that makes for management challenge.