Here's numbers so easy you can calculate them on a napkin (of which I've done hundreds of times now at this point)-https://www.biggerpockets.com/renewsblog/2013/01/1...Hope that helps!

We would basically have the Income and Expense totals we need to do a quickie, back of the napkin analysis.If we then determined the local market CAP rate for small retail properties was 8%  we would estimate the rough value of her property to be $750,000.00.  ($60k NOI / .08 CAP = $750k) Of course there are almost always some expenses that need to be included in the analysis even on NNN properties, but that's easy enough to subtract before NOI.  

Hi Virginia,A small door at the bottom of the chimney, and it's full of ashes.In some older structures there will be a sanitary drain at the bottom of the chimney.If you remove the ashes and find a drain, and it's not clogged with ashes--Problem Solved.It's a free fix if you have the drain in there.Good Luck!

The quick and dirty I use is the BP numbers so easy you can do them on a napkin.

The consultant mentioned the house must be Sound structurally, Secure, and Sanitary.....the three requirements of FHA.

Then you can think through and write your own plan on a napkin in an hour and be successful in business.  

I have a feeling they'll even accept a napkin with crayon writing lolYour P&S contract talks about the buyer getting a mortgage.

A friend of my mothers offers her $125,000 after we list with the agent... of course. after doing some light market research and consulting with the agent, if we could repair the foundation, replace a bathroom, and do about 900 sq ft. of flooring, the market could support $250,000. back of the napkin math if this is worth the time to fix it: $250k x 70% - $11,000 for the bathroom and floor - $7,000 holding costs leaves us $32,000 to fix the foundation. 

Perhaps a napkin, but not a 10Bii :)If your bidding on performing paper then the 10bii is about all you need, but you still need to know the legal cost to take your asset back.

My back of napkins numbers show I need it to be worth at least $3.5m plus Project Costs based on what I think I can raise the value of the self storage property to hit my return goal.