10 unit purchase

[Eric Schrader]

Hi Group!!

So I found a potential opportunity on loop net for 10 single family town houses.  I received "Offering Memorandum" from the agent.  Just started looking it over.  At preliminary glance, there is nothing in there about what units are currently rented or anything about the leases.  They mention that all of the units are "currently remodeled" so I would need to look into that during some more due diligence. 

The units are owned free and clear, so seller financing could be an option.  

Any glaring items I should be looking for?  Any help from the collective is always appreciated. 

regards