Examine the post-rehab value (ARV) of the property to determine whether you can refinance and extract most or all of your original investment.

There there's a thing called an order of examination.

Examine the projected rental income against the expense of converting the garage and possibly extra rooms.

If you cannot ask all three of these team members, then you should really examine your team!

I think it would be within the moral and legal right for the landlord to fix the issue that he/she was too negligent to examine prior.

Tenant stipulates, represents, and warrants that Tenant has visually examined the Premises, and that it is, at the time of this Lease, in good order, repair, and in a safe, clean, and habitable condition.

Start by examining population growth, as cities or neighborhoods with steady increases in residents indicate a thriving area with potential renters. 

If you examine the data you'll be able to see if rents in your market have rebounded since then or are they still depressed . 

You can examine the recorded mortgages and this is a good way to see who is financing the local projects.

Examine Midwest markets that exhibit positive demographic and economic trends, such as varied economies, inexpensive housing, and rapid employment development.Prior to making an investment in an out-of-state market, it is imperative to establish connections with local property managers, investors, and real estate experts.