How do you evaluate potential investments, and what role does financing play in your decision-making process?

-Lastly, ask for the investment or seek confirmation of their current or future investment, bringing the conversation to a decisive point.You should be well versed with the details of the deal before talking to investors:● Understand the average median income in the area.● Be aware of the average rents in the market.● Familiarize yourself with comparable properties (comps).● Understand what needs to be done in terms of improvements or renovations.● Be knowledgeable about the internal rate of return (IRR) for the investment.● Determine the anticipated holding term for the property.● Know the initial capitalization rate (going-in cap).● Project the exit capitalization rate (exit cap).When facing objections while raising capital, it's important to dig deeper to understand the true underlying concerns.

I immediately emailed the landlord and property manager that I agree with their decision (i haven’t stepped my foot on this property, don’t even have a key.)

It could also be an opportunity to negotiate a better purchase price, considering the additional investment you might need to make.Hope this helps, and good luck with your decision!

What information should I provide so a possible investor can make a quick decision on whether it would fit in their guardrails?

Also, investor dominated buildings tend to be poorly run.

I want to make a smart decision and take advantage of the market conditions.

This decision can impact your time commitment and the overall profitability of your investment.Location: Focus on areas with strong rental demand, population growth, and good job markets.

Unfortunately a lot of the decisions that are being made by PM are just not the right ones (costs of repairs, what to repair vs replace etc) so it ends up being me jumping in to manage them.

Once we take over the property, we were thinking of signing a 3 month lease with an increase in rent (still not market rent) and after 3 months will increase to market rent and have them make a decision if they would be willing to stay or not.