As a first level examination of a market, I would start with examining the population growth over the past five years, then unemployment, then the population demographics (by age), then job diversity, top 10 employers, then finally supply and demand (vacancy rates and 5+ unit building permits).

Add up expenses such as garbage service street lights, street repairs and replacement ditto for sidewalks and parking water and sewer replacement and leak repairs water and sewer costs management water testing if well electrical repairs non-collectible rents vacancy filling vacancy by buying homes moving and set up of same vandalism insurance stupidity snow removal attorney retainer court costs 1000 things i forgot oh, new hair when yours is all gone nerve medicine and doctor bills taxes and more taxes

Examine the property for any damage, determine how much renovations will cost, and determine whether any repairs are necessary.

Click to read - Bigger Pockets Blog: Reshaping of Commercial Office Real Estate: A Detailed Examination

CHA establishes the rental value of the unit by examining comparable unsubsidized units in the area.For a full tutorial on CHA’s rent determination process, including how to calculate family affordability, we encourage everyone to watch our on-demand webinar: How CHA Determines Contract Rent for Units on the HCV Program."

A real answer requires examining your LLC operating agreement and the actual facts of your operation. 

I'm really excited and nervous so I decided to come here to tell everyone my good news and maybe try to ease my nerves.

Fix and flips are an option but I want to be sure I've examined all the possibilities.

Of those that passed the criteria, I would send to realtor who would then go examine and develop the rehab estimates for. 

@Sam Hopkinsthat would be ok, but when you already have a closing date, it's very nerve racking.