It is basically a background database search - nearly all the same databases searched for a full Phase I, without a site walk or evaluation of historic documentation such as air photos, topographic maps, fire insurance maps, or the city directories (Phone Books).

I understand the significance of key metrics such as IRR and CoC in evaluating the potential of a deal, but the abundance of information out there is making it challenging to find a straightforward, user-friendly solution.What I seek is a singular, comprehensive tool—a master template, if you will—that I can consistently rely on from deal to deal.

My wife and I are both W2 and we are evaluating to buy a vacation home to enjoy it, but planning also on renting it as a STR while not being there.

My personal and professional experience has been that they do not provide actual replacement costs in their evaluations. 

I am evaluating to invest in WorldQuest and I would like to hear about your experience. 

Start evaluating deals, even without an intent to purchase.

Seeking guidance on:- Filter Criteria: Key factors for evaluating multifamily properties in Texas?

The below terms are live as of this date, for a rate and term refi (no cash out).From left to right:Points: 1, 1.25, 2.Prepayment penalty: 10 years, 3 years, 5 years.Commentary/review, hopefully this thought process is useful when evaluating offered terms for a maturing commercial mortgage that needs to be refinanced. 

This benefits me, because I'll still collect the rental payment and have the ability to evaluate the tenant before anything more long term is signed.

I am also an investor that does flips, has rentals, lend my own money, has owned STR and have been a member of the local REIA for over 10 years, So hopefully my experience and network of other investors could prove useful in evaluating the potential of the property and possibly attract a partner if you need.