The assessment process for commercial properties often involves evaluating the property's income-generating potential, which can lead to higher taxes than residential properties.

Taking the time to thoroughly evaluate your options and consult with professionals will help you make the best decision for your situation.

We are evaluating a purchase of ~30k square feet of warehouse space next to a new Amazon distribution center.

How bout first call, first served?  

Investing in real estate is a multifaceted journey that demands learning, exploration, financial readiness, property evaluation, and risk control.

If you want some criteria to pay attention to I would suggest to use your "I'd be down to live/move here" list as a base and then evaluate the market metrics to see if it's a strong investment opportunity.

Additionally, evaluating your finances, searching for properties that meet Section 8 requirements, negotiating with sellers, preparing for Section 8 inspections, applying for Section 8 approval, and effectively managing your property are all crucial steps.

Evaluate the debt-to-equity ratio and consider the long-term sustainability of the financing strategy.Lack of Professional Management: Inadequate management practices can lead to operational inefficiencies, tenant dissatisfaction, and decreased property value.

Evaluate historical and current vacancy rates, aiming for decreasing trends.Demographics: For younger populations, focus on proximity to parks and schools.

Call the local municipality where your rental property is located and ask if they have a list of certified local contractors or see the attached link for a list of NJ Certified Lead Evaluators...https://www.nj.gov/dca/divisions/codes/publications/pdf_lead...