The testers help determine the probability of incorrect outlet wiring for an outlet.Aside from checking the outlets directly, you can research local electrical codes to ensure that your breaker panels are in compliance and that you have the correct types of outlets in the appropriate locations.

Asking for detailed financials—especially rolling 12 months' data—can really help you determine what’s realistic.Think like a bank.

This determines instantly if a lender will touch it.Another factor: STR financing is getting harder to come by (at least in the DSCR space). 25% of the industry used to lend on STR's, now it's less than 10%.And it being a condo, expect anywhere from 15-25 bps added to the rate.

Her brokerage listed the property, and she is taking me out there to do a walk through to determine if I want to take the next step. 

All long-term income characteristics are determined by the city.

So far with the properties that have looked promising we have utilized the calculated NOI / Cap rate to determine the value and every one we have done has come up way lower than the asking price and in one instance came up less that what the current owner paid for the place initially.

My biggest struggle right now is determining whether to buy a house outright with my HELOC and then refinance it in hopefully 6-12 months or do I use a smaller part of my HELOC for a down payment and try to get a traditional loan for the rest of the payment?

You can always go to them and try to make a deal to have them buy your shares at a discount.The worst part of my deal was the mental energy I wasted thinking about losing the money.

If it's a tenant obligation, you aren't (unless your state laws still obligate you :)Verify with the locksmith the cause of the defect (if possible to determine) and the cost of the service. 

You're going to want to start by checking with local zoning and planning to determine is the home can become residential assisted living.