For example they only buy land and build in land lord friendly states.Before they buy land to build on, they thoroughly analyze key market indicators such as population growth, occupancy rates, job growth, and even prioritize top school districts.

Often times this data isn't made public so some calls have to be made, but for us it's an indication whether or not there's a trend of investments being made in an area. 

It got got a good rating (4.6), not that it is always a good indicator.

If 85% of the units you are looking renting for around the same rate, surely that is a good indication of market rent.

And I have below clause in the leaseRental Application: Only those people indicated on Tenant’s rental application are permitted to reside at the Premises, with the exception of any minor children born to, or adopted by, Tenant.

Randy I am afraid rates will go up a bit after Powell's press conference as he may indicate that they are likely going to pause on fed funds rate cuts. 

It's important to find out.But for now, let's assume that the property is worth $63 million as @Jason Piccolo indicated above and the loan balance is $59.8 million. 

Rather than concentrate on the initial cash flow, concentrate your effort on markets that have indicators of strong rent growth.  

Exit Strategy1 - What economic indicators?

Izraul, you never indicated where the cash for the "loan" may have originated.