Your best bet is to talk to a few hard money lenders who could share with you how they do business, what your payback schedule would look like (often nothing until due or interest only), when the loan is due, and how much they would loan on a sample property.

Does anybody have a sample contract I could have or tips or advice about getting one or what should be in it to be able to make an offer on a drive-by/driving for dollars?

And, as you continue to buy more properties and form more entities to segregate your assets, you may decide to form a parent holding company to reduce tax preparation fees, ease administration, and add an additional layer of asset protection between your properties and you personally (shown as HoldCo, LLC in the sample organizational chart).As for which form of entity to use, it can be state specific, so you should seek advice from an attorney practicing in your state.

Its like sampling a NFL players 40 yard dash but for apartment underwriting.

I wanted to provide a sample property that I have evaluated and was wondering if there was any insight as to what I’m missing?

We're having a soil sample test done next week. 

U would be well advised to have samples analyzed before committing to purchase this property.

I was able to obtain data on 10 comparable units over 1000 sq ft.My HOA fee: $979My HOA fee per 1% of common expenses / ownership: $421.22Average HOA per 1% common expenses / ownership: $344.02Lowest HOA per 1% in sample: $216.832 out of the 9 other units were in line with my fees.If my fee was based on the average of these units it would be $799, a significant monthly savings.

If anyone has any sample agreements, suggestions, or materials they are willing to share, please do so here or PM me.

if so, ask for closure reports for old tanks(3) check condition of spill buckets and make sure they are monitored. if not, should collect samples from around those structures. they often get dinked by snowplows and vapors may escape then condense into soil.(4) has property always been on public sewer since it operated as gas station. if not, did they perform auto repair?