By sending a check, in many states, if the tenant cashes the check they are de facto agreeing with your damage assessment and will have little ground to dispute your accounting.  

The key is to assess your current financial position and goals.

In other words, the cap rate becomes fairly meaningless upon transfer.Your job is to assess whether or not you can make a good profit after buying the asset at whatever the sale price is. 

(Inspectors are generalists, so specialists are essential for plumbing and electrical issues in older homes.)Structural Concerns: If potential structural damage is spotted, hire an engineer to assess it properly.Be Diligent and Proactive: Old homes often require extra due diligence.

How would people here assess future appreciation in Rochester?

Got 110 saves on Zillow and 161 saves on FB marketplace listings.

Follow and analyze their offerings for a year and then assess whether to move forward. 

Condos can be tough to cash flow due to high HOA fees...and special assessments. 

I know apps like AirDNA are popular for assessing short-term rental data, but I’d love to hear what other tools or platforms you all use to evaluate markets and find promising investment properties.Questions for You:•What apps or resources do you recommend for analyzing real estate markets and identifying strong investment opportunities?

There has been so many models and ideas regarding commissions while some have floundered and some have altered the market place.