Buying sight unseen, how to get the information you need.

[Samuel DeMass]

Hey BP,

I'm under contract on a 4-unit in a market that I have previously invested.

I saw the deal and pulled the trigger, sight unseen!  I have a long history with the market and my realtor who has been with me since the beginning.  I am also blessed to have a great property manager in that area already in place and ready to go that I trust.

However, this will be the first property that I will have bought without setting foot on the soil.  I'm curious if anyone has any good pointers or pitfalls that may help me in the process.

Here's my thought process so far:

The numbers work.  I'm under contract at 135K and it will bring in at least $1500/mo total.  With my financing situation and baseline assumptions the property cashflows nicely.

The unknown variables are:

-The condition of the units.

-The current tenant situation, although I will recieve the current leases soon for review.

What would you suggest in terms of ideas for gaining better visibility of the properties situation?