I’m primarily evaluating the deal I’m lending on, but I also want to see what kind of track record the borrower has in managing their financial obligations.

If I was evaluating that property, a couple of things would stand out: I agree the 5" slab probably isn't sufficient given the potential for freezing and movement under the slab.

Rent control is a strong indicator of an intrusive government.City Selection ProcessBegin by evaluating cities with a metro population of more than one million.

Trying to give the people a fair evaluation.   

I would take some time to do some research around markets that are investor-friendly and reach out to agents, investors, and property managers to pick their brains and evaluate.  

I previously worked with a contractor to help with permits and drainage since there’s a possible wetland issue, but unfortunately things fell through between us and I didn’t make progress. 

I've been a real estate investor for 3 years, at first it was going to be buy and flip but I re-evaluated my markets and changed to rent and hold.

We will use that information to evaluate the ideal location to start with. 

Looking forward to hearing about your progress!

It make it hard to find a property and makes it harder to evaluate it properly.