How do you evaluate a contractor..i.e.

Its possible the appraiser used a 10 cap to evaluate the property and my banker was loaning money to properties with an 8 cap.

For most people, it's a classic case of not knowing what they don't know.If you're serious about evaluating that path, feel free to DM me with any specific questions.  

My question are twofold: are there any blind spots I am missing when evaluating this deal?

Bank will underwrite the borrower & property will be evaluated once selected (similar to what cash buyers do).

Hello Everyone,A strange convergence of events in the last 48 hours has led to the real possibility of purchasing a solid B class office building in my town.  The majority of the office space is leased to tenants that...

Had a question a bout about properties with UNSAFE sign and if they are worth investing?

Some very popular sites like Property Tracker and Real Yields that investors use to evaluate property will call it cap rate.

That helps me enough to progress to the next evaluation of this property.

As an investor, using OPM(other people's money -- a mortgage), the purchase price and mortgage payments will dominate the cash-on-cash and cap-rate calculations.Yes, we would all like a Class A property for $1.95, but somewhere in reality is the balance for what can I get as rents and not have the expenses drive me to the poor house.Highly recommend the Calculators here on BP to evaluate the possible ROI using realistic numbers for each property.