Why would you try and do the due dilligence on your own? It takes hours of education and years of experience to analyize properties. Keep in mind the agent you are working with ususally is paid by the listing broker which means you essentially get the expertise of your agent for free. There are a few exceptions but generally that is the case. Many agents work all over the US and can help you from your home base. Commercial real estate is about income and investment returns not the color of the wall paper as in residential. It is no uncommon for you to reside in one place your agent another, the purchase property in another, the mortgage broker in another and the ultimate lender in, you guesssed it, another. If an agent runs into something he or she can't help you with they should be able to refer you to someone who can? This forum is good but because of time constraints the answers to your questions can rarely be answered completely herein. Commercial is not like buying a house where all you have to do is feel warm and fuzzy about it. firstname.lastname@example.org 800 554-7362 ext 208.
Jun 24, 2009