Devan, it sounds as if you may want to investigate the property further before preparing a pro forma.

There is not much investigation needed when a tenant has a judgment arising from a lease, they lose.

As part of the CalBRE’s background investigation of applicants, the Bureau reviews all applicants’ criminal histories and determines if the applicant has committed any substantially related crime(s) which would serve as a basis for denial of the license.

. 👀 After some investigation I figured out the the seller paid the past due water bill on the the property and never told her because they where selling the property.

I do not have my heart set on any specific area to invest and am willing to investigate any area (as long as the the ROI is there!)

She is now under investigation by the state for brokering without a license.

There are requirements federally under the SEC, the UCC, The Patriot Act, Money Laundering, Treasury Rulings, Federal Reserve, FDIC, HUD, Fair Credit Act, Consumer Federal Protection Act, Fair Housing Act, the Veterans Administration, The Small Business Administration, yes, even the Postal Service, many of which have police powers and their own investigators .

We investigated and found that someone had bought multiple city blocks in Baltimore, fenced it off and created a haven for families to live.

Obviously this is a key research item that would warrant deep investigation in an offer type situation.

Although I know he is actively being investigated right now and a buddy is currently suing the city in federal court with Moreno being named in that lawsuit.