It's an apartment complex if that helps.I thought that it meant the property comes with 1.9Mil in debt which would mean that the deal is no longer good because the cap is 2.2%.

That's a fairly complex process and will involve significant legal fees.

Would it be basic or complex?

Commercial is longer and more complex thats why you do a simple Letter of intent to just say you're interested and if they accept it you do a full offer.

The $46M tax assessed value isn't the true value of the property which is I presume a multi unit complex.

Sure, they'll tell you about a student that started with no experience and bought a 500 unit apartment complex.

I'm in the process of replacing all of the main door locks and the basement locks in a four-building apartment complex.

I can not blame him for those REALITY views but will discuss any time the fathers intentions and how it is possible to return to them GIVEN todays complex factors that were not invisioned by the founding fathers.

In the process of financing an apartment complex it has been necessary to scour my local area banks, credit unions and other sources.What I found in my neighborhood was many banks that are not lending for real estate purposes.

So, either Beck had a ghostwriter for the book (in which case you can't attribute any of the information to him) or Beck's abuse of drugs so messed up his brain that he can't remember some very basic facts, let again complex arguments.