Many of you will find stuff you already knew, but this will bring it to everyones' attention.

An all cash offer, with an attached copy of your bank statement showing the cash and an EM check for 10% or more of your offer, and no contingencies in the offer will get their attention.

Got about 8 calls all washes, its amazing how people don't read or pay attention in that I have made more than clear that it is a 55+ park.

Hi Joe,You need to pay special attention to the landlord laws of the area you are buying in.New York for instance has rent control in some areas whereas Georgia does not.Different parts of the country are subject to Earthquakes,fires,floods,Tornadoes,etc.Saturation of the product you will be buying for that area and the amount of foreclosures or short sales in that area for multifamily can bring the average rents down affecting your occupancy and ability to meet debt service.Also do not COUNT on those equity funds UNTIL you have been approved.I have seen this before where a buyer has say 100,000 cash but then they think they can pull out another 100,000 from equity in properties they own.The appraisal comes back lower than they thought and they get only 60,000.Now the 40,000 has to be borrowed from someone else or you do a seller second if the first lender allows it.The key is to have the money liquid to perform when you find the right deal.

@Mike NguyenRalph is so right, you need to cover your own....I have worked with bankers, brokers, agents, and lawyers that have been in the business for a long time and unless I bring it to their attention they seem a bit aloof about it.

No deed gets special attention at the clerk's office.

Dion, I have learned that on BP, the title to your thread is important to garner attention, perhaps a change to something more clear (exciting) would be beneficial.I also agree with Loc's last comment, still waiting to hook that unicorn!

Your post really caught my attention.

With that attitude and attention to education I'm sure you will do fine.

I understand the home has been vacated and is scheduled for foreclosure, your attention to this matter may well keep you out of foreclosure and allow you to retain a better credit history.