If the tenant did they would milk every day and hour for free that they could.

Even done to a home NOT in one of those statuses, by getting it at discount then recycling it to the original homeowner, is called FRAUD.

So he sold to Waste management got the huge check.. then buys it back 8 years later and now owns it and bought the one up in Chico and recycling etc etc.. he is a garbage King.

Ironically, I hated real estate and couldn't wait until I was 13 so I could go work at my grandparents' dairy farm, where I mowed hay, fed calves and milked cows all summer.

@Matthew Olszak Maybe you're new but it's common practice among agents to start by lying that they have a buyer, then take the listing at a price they know the house won't sell for to milk it for buyer and seller leads, all the while telling the seller a sob story about how "the market has turned" or "things are just slow right now" and they need to lower the price.

Reminds you of the saying about cows and milk...

If you really are getting $325k homes for $200k, you can recycle the same down payment funds over and over. 

I will do due diligence on the company as well as what sorts of spaces I am competing with out ther ein the market. but given a 10 or 15 year lease that tenant is not going to move to a different spot because it's cheaper because they ar ebound by the lease.In thi sparticular situation i'm looking at a newer contruction bank building with a 10 year lease and an industrial property that just had a 10 yea rlease signed with a large national recycling firm.Don - if they do bankrupt the court CAN invalidat ethe lease but what about lease payment form prior months that are woed.

For the record, I was able to get the city to agree to provide commercial cart service - 3 cans, no recycling, no big trash service. 

If its a lot lower that may mean the seller has been milking the  property and you will have a lot of work to do.