Certainly, if someone who is already on the GP team raises funds they will have that in their favor as the GP pie gets cut, but what if we have another colleague who has contacts (who we don't currently have a relationship with) who are interested in coming in on the deal?

Not looking to waste anyone’s time, just would like to trade value.

If there is little, move on; no sense in wasting time trying to convince someone to sell to you ( you risk over paying) Make sure your emotions are in check and that your not overly zealous about getting the deal, be willing to walk and make that known.

Offer $182.5k up front and you may never know if the next best offer was $175k and "highest and best" forced a blind waste of $2500.

You will have so many people waste your time before you actually close on a deal and you will have many realtor fees before you actually see a commission check.

It’s always when I slack on a requirement or cut a corner out of convenience that it ends up biting me. 

Going from 3 bedrooms to 12 can usually trigger an increase in waste extraction and water delivery.

Don't make decisions emotionally when selecting tenants and never cut corners!

LOL, without knowing the layout I would venture to say that they simply wanted to cut off heat or air to that vent in an effort to better regulate the room temp.

Yes, this was during the holidays of Christmas and New Year's so I wasn't expecting a miracle but after so many weeks and excuses, other things transpired and I decided it was time to cut my losses and move on.