If they are:Find out the address of property for compsFind out what existing loans are on the property including monthly payments and interest rates.If there are any tenants currently living in property.Any liens against the property.Is there anything else I should ask?

Questions that come up frequently and the answer that addresses directly the question.

I don't want it to effect my borrowing ability for my future primary, also in the 500k range.

If they find him, you can also get the address and send the police over to question him about the appliances.

I suspect that no new investor is going to come up with a fresh idea that is not already covered in at least 1 if not two RE books.People have addressed the idea put forward here.

- If similar legislation was inacted in the state in which you do business, how would this effect your business & profits?

Do you try to be on your computer and type in their address into a website to get comps while you're on the phone before you make the offer?

In effect the LLC can easily die and the lender has little to show for its position if the property is not enough to protect the lender.So, why would you expect a lender not to see the LLC as a higher risk?

signs for the place - good condition - visible - other marketing improvements (that are cost effective)?

Some investors are effectively contractors and can accurately estimate the work.If you lack the skills and can not afford large surprises then always expect to pay for an inspection.