You will quickly pick up on the range of GRMs to run the 1st grade math on a bldg and determine--wow that Seller has a reasonable ask out the gate--I should invest more of my time to run the #s.  

I have pretty much seen all these properties as I look at about 1,000 a week and know most of the companies in the space doing searches for other clients.Leasehold's and other oddball lease structures for pharmacies that  are not NNN or NN are very hard to finance.

These are typically builders grade homes with 2-3 beds and 1-2 baths.I am looking to start turnkey to dip my feet into a market, but eventually would like to get a team started in a targeted city.

I had a teacher in 8th grade tell the class emphatically as he was handing out the mid-term exams to us  "....by the way, you can cheat on this test" and we all perked up and looked at him.

Each metric was graded on a 100-point scale, with a score of 100 representing the healthiest housing market.Finally, we determined each city’s weighted average across all metrics to calculate its overall score and used the resulting scores to rank-order our sample.Each city in our sample was categorized according to the following population-size guidelines:Large cities: More than 300,000 peopleMidsize cities: 150,000 to 300,000 peopleSmall cities: Fewer than 150,000 peopleReal-Estate Market – Total Points: 80Home Value Forecast: Full Weight (~5.33 Points)Note: This metric is based on Zillow’s Home Value Forecast, which predicts the Zillow Home Value Index one year from June 2018.Median Home-Price Appreciation: Full Weight (~5.33 Points)Average Number of Days Until a House Is Sold: Full Weight (~5.33 Points)Share of Homes Selling for a Gain: Full Weight (~5.33 Points)Share of Listings with Price Cuts: Full Weight (~5.33 Points)Share of ‘Underwater’ Homes: Full Weight (~5.33 Points)Note: This metric measures the percentage of homes with negative equity.Home Sales Turnover Rate: Full Weight (~5.33 Points)Ratio of Rent Price to Sale Price: Full Weight (~5.33 Points)Foreclosure Rate: Full Weight (~5.33 Points)Share of Delinquent Mortgage Holders: Full Weight (~5.33 Points)Number of Bank-Held Homes: Full Weight (~5.33 Points)Note: This metric refers to unsold Real Estate Owned, or REO, housing units.Vacancy Rate: Full Weight (~5.33 Points)Note: This metric was calculated as follows: Vacant Housing Units / Total Housing Units.Buy vs.

The corner pharmacy, gas station, bank can pay a premium.

As I've run across some Very High to super low-grade contractors. 

If you look at shingles theres a definite distinction between grades.

What grade would you give these areas:Ambassador Heights, Maryvale, Sunnyslope, West MesaAny insights appreciated!

We painted the interior, added backsplash in kitchen, laminate floor in BR's, changed some light fixtures, and faucets.Contractor solved the surface water that plagued the foundation- added french drains, graded exterior, replaced the rotted gutter system, and new vapor barrier to crawl space.