No formula can be accurate across the board because even “cookie cutter” properties next store to each other differ as to view, location to the street, topography of the land, lot size, physical condition of the property, past remodeling, quality of the mechanical systems, sunlight, utility bills, past use, etc.  

For distribution connected projects, the property needs to have close proximity (ideally adjacent) to a utility substation. 

It has a low barrier of entry compared to inside the city and is quite proximal to intel and Google data centers on the Northeast side of Columbus. 

FYI - most states require a lease to clearly state the owner, any agent of the owner and give a physical address for rent payments.

See, a professional does not just go for eviction, no, you do BOTH actions at once of the financial side, suing for judgement, and than the eviction for physical. 

I realize that once someone creates a letter of intent they can start on the due diligence phase to learn the financials, physical, and legal but what else can I learn about a property before making an offer? 

Never the less, I agree that you need to physically be there and check on your investments. 

The benchmark is what people do for pro formas and try to re-write history in the future, it never works that way.I've been deeper than anybody here in physical asset investing, albeit not REI, and it's just not the case that history is relevant.

We’ve seen great returns here with new build-to-rent duplexes, especially in areas with growing populations and close proximity to schools.

Proximity to amenities, transportation hubs, schools, and job markets can significantly impact property value and future returns.Condition: A property's current state is a big deal.