for multi-families like that one, probably the best thing would be to ascertain the cap rate. 

I would suggest that you interview several Realtors and ask them the following questions, to ascertain if they are truly Investor Friendly, or if they are throwing you a sales pitch. 1.

Is there any way for you to ascertain, before buying, if any of the tenants will agree to a buy out?

I would suggest that you interview several Realtors and ask them the following questions, to ascertain if they are truly Investor Friendly, or if they are throwing you a sales pitch.1.

But I guess in a commercial setting IE your renting in a shopping mall or such you may be able to ascertain these answers through public medium but no way with the nature of the MOM and POP industry which is rental houses real estate are the average potential tenants going to be able to find this out.Although I hear what your saying.. just take the sub 2 buyers that rent to unsuspecting tenants only to have the tenant wake one day to a foreclosure notice and they have paid this person there rent..

@Bryan LeeBefore you have any serious discussions with the owner about a purchase with owner financing or an instalment sale, you need to ascertain whether you can afford to carry the building - particularly if you will be making a live here rent free - offer.You also want to be well versed on the deferment of capital gains before you start any discussions.  

To do so, there are several industry-standard metrics they review to ascertain whether your loan should be greenlit or not.

Also,look at other neighborhoods to ascertain if there are better candidates.

Skimmed again.Why not look up legal requirements for option contracts, you know, like federal law under the UCC, you will find that for a valid option, that a specific sale price must be stated at the time the option is made, that price must be ascertainable in dollars at that time, you may not have an option contract that is dependent on any future event or condition.

I would suggest that you interview several Realtors and ask them the following questions, to ascertain if they are truly Investor Friendly, or if they are throwing you a sales pitch.1.