Back-of-napkin calculations or metrics will help too!

The 70% rule is NOT a rule, but a guideline for a "back of the napkin" calculation.

If no historical results, provide a proforma operating statement.List of renovations completed on the properties and the costs associated with the renovationsCurrent personal financial statement – please include all assets/liabilities even if housed in LLC’s or other entities (see attachment if needed) – if you are providing your personal financial statement on a different form, please just sign and date our form.Two years’ federal tax returns with K-1’s for all principals of the BorrowerGlobal real estate cash flow of each principal – see templateResume or bio of work and real estate experience of principalsRather than using the back of a napkin, I'd like to put this information together in a professional looking way but I'm not sure about what best practices here are or what that might even look like. 

You must maintain your apartment in a clean and sanitary condition including prompt removal of trash and garbage and placing it in a collection point container.

If you don't have these pieces of information, no fancy real estate deal analysis software being peddled by the real estate money gurus will help you.On the other hand, if you have all that verified financial and house payment information from the seller, you can do all the real estate deal analysis you need on a paper napkin and be successful.What's the moral of this story?

Tenant shall not place into any drain lines of the Premises any non-approved substances, such as cooking grease, sanitary napkins, diapers, children’s toys or other similar objects that may cause a stoppage.

Those areas have many qualified tenant voucher holders that are not able to find safe, sanitary, and secure housing.

The big benefit I have in my handyman portfolio is that I am either laying the tile or closely supervising the job as it's done by people whom I've personally trained.That's part of how I've come into this business, as a handyman investor with quite a bit of prior experience in laying tile.My portfolio is also almost completely occupied by health care professionals, who in general are trained to appreciate the advantages of ceramic tile as a sanitary surface.

It's a very simple 'back of the napkin' type of tool you help you quickly evaluate an opportunity.

If a property is not meeting sanitary codes at what point can the town step in?