Not doing your due diligence is extremely risky, especially if the pictures show it to be run down.

Last night we had a conference call to discuss the reno plan as well as the final Joint venture details and they let us know that they have cold feet about the Alberta market and would like to put there money in a land development deal in the Ontario market. 

Most NNN deals that you see marketed from the major brokerages are anything but that as they are priced extremely tight and intended for a specific buyer.

That's one of the reasons it's extremely difficult to find a deal right now.  

I plan to make contact with the owner next week via cold call if I can obtain a number, or mail.

I have found it to be extremely beneficial to find and get prequalified for the Cash-out Refinance loan early in the process.  

I am imagining a worst case scenario where we come to the closing table ready to purchase the property and the investor has cold feet and withdraws the money from escrow and we are stuck losing our deposit.4. 

I have a single unit with similar problems and it has problems with the floors being very cold, moisture build up, and of course mold. 

Skip tracing phone numbers in my target area and hiring a cold caller to call my direct mail list helped kickstart my direct mail campaigns. 

After more digging, I found out that their deductible was extremely high (in my opinion) which also helped drop the premium.