Examine their management agreement, check to see if there is an out clause if you are dissatisfied, make sure it spells out the responsibilities of the owner and the property manager7.

He has a ton of liquid cash, and all the experience in the business end, plus he is a broker as well.I look and examine all the sherrif sale houses.

See what deals they can provide for you and then examine them as deals irrespective of cities, but very respective of areas of town.  

One question I would examine is how did you get to your NOI, and is this truly a reasonable projection?

I don't want to give you a long history lesson, but these are attorneys that underwriters approved to examine the title report before the underwriters can issue a policy.

I will be taking my board exam in Chicago on Oct 20th, I will be staying a few extra days, 10/18 (PM) to 10/23 (AM).I have no plans so far.

Experienced investors are going to examine a number of different indicators of success -- from ROI to cash-on-cash return to IRR to cash flow to hourly wage/rate to total return, etc.The most important indicators are going to depend on the specific investor and his/her goals.For example, an investor who is looking to retire and earn $10K per month for the rest of his life probably doesn't care very much whether his cash-on-cash return is 10% or 20%, as long as his cash flow is $10K per month.But, another investor who is trying to build a $5M net worth over 10 years is very much going to focus on IRR-type metrics, as those are going to be most indicative of his ability to succeed (or not).Personally, the bulk of my short-term goals are spending time with my family, as I have two young children.

I rented a townhouse when I was running around the countryside examining banks since my home was 200 miles from my regional office.Be consistant with everyone who applies.

I think you need both (plus a balance sheet) to really examine property performance.A month-by-month P&L with proper pro-rata expenses (e.g. taxes) and set-asides for maintenance reserves and the like might tell you more about how your properties are actually performing.Great read, nonetheless.

The SOS in NC, and this is common in other states, is responsible for "the examination, custody and maintenance of the legal documents filed by more than 400,000 corporations, limited partnerships and limited liability companies" in an administrative capacity.