Deals are location and market specific.2.  

Get a bank statement to cross-reference their paychecks as most employers now direct deposit.You'll also see if they have a savings history or are living paycheck-to-paycheck.If they are not paying rent right now and have no savings, how well do you think they'll be able to adjust their budget, so they can pay rent on time?

The Detailed Engineering Cost Approach is generally used for newly constructed commercial buildings.DETAILED ENGINEERING COST ESTIMATE APPROACHThis approach is very similar to the Detailed Engineering Cost Approach, with the difference being that if there aren’t records for specific costs, an estimated cost is used rather than the actual cost.

Where specifically in Indiana has anything been built?

Eager to hear if anyone has any more up to date information about Costa Rican REI in general and/or VRBO specifically

Do you have a specific market you are interested in? 

There are also loans that are specifically designed for this type of property if there is enough work that needs done.  

Areas like Aurora, Arvada, and parts of Lakewood or Westminster can be good places to look, depending on your budget and target tenant.If you’re looking for a base hit rather than a home run, focus on finding a property where the numbers work reasonably well as-is—cash flow might not be huge initially, but if you’ve got room to add value and refinance, you’ll build equity to reinvest.

.: As a new investor starting to look at wholesalers, what would be pertinent questions to ask about a specific deal? 

@Vidit Maini You might want to be more specific regarding what type, if business you want to start.