(Note: These are non-negotiable requirements) Other Incentive ProgramsSmall Business Improvement Fund: Best thought of as a storefront/small business rehabilitation program, this small grant program ($150,000 for commercial properties and $250,000 for industrial properties) is targeted for smaller renovation projects and can cover anywhere from 30-90% of the cost of remodeling a storefront facade, roof replacement, major systems replacements (HVAC, plumbing, electrical, etc.) or an individual interior space build-out within a larger building to get it tenant ready.

It seems like other than capex that the landlord is responsible for (typically roof and HVAC) there aren't many reasons why I wouldn't achieve the broker's forcasted NOI. 

So I’m in a bit of a bind, I have a duplex I’m house hacking we remodeled entire thing, new hvac, electric panels, electric main, updated plumbing, water heaters, furnace, install central air, roof.

- Are there specific aspects of STR market analysis that you find lacking in current resources?

Pros: tenants are super grateful to have roof over their head.

Another benefit is the ability to dispose of a component like the old roof when a new roof is installed. 

Hvac, roof, plumbing, appliances, etc. 

The biggest variable is probably the tenant, but I think they do a very good job leasing properties quickly & keeping tenants in place which is the most important aspect in my book in a successful portfolio! 

Most times, the due diligence period is used for you to bring out your inspector to physically test the property (environmental, structural, roof, etc.) 

Part I.IntroductionSponsor underwriting is a critical aspect of real estate and investment analysis.