That lower expense amount helps drive NOI, which in turn makes the building worth more.

You can potentially find some through industry awards in sectors that interest you, and also just from driving around and looking at listing signs, look for ones that aren't a major name, ie, JLL, CRBE, CASTO etc.

Over an hour drive is too far. 

Those three drive the proforma.

Now that I'm not the one handling the day-to-day management, I drive a nicer vehicle.

The Listing agent puts the property on the MLS and can get away with sitting around twirling their thumbs while buyers agents have a brunt of the work having to drive buyers around, orchestrate paperwork and inspection negotiate and so on. 

Just to really drive the point home on how easy most of these owners are to find if you're using a true quality skip trace service, feel free to message me and I'll personally run a couple for you and send you full reports on the owners and possibly the owners' relatives if I see anything that makes me think you should be contacting relatives.  

This is why you see drive planning raising $300M ponzi when it offered 40% returns.

On a practical basis, I've never heard of a lender doing drive bys after the close of escrow to make sure you are still there.

- What driving factors should I take into account when l'm looking for an up n' coming hot markets?