If the prospects look financially shaky or sketchy, I ask for the name of a co-signer - and collect payment for a background check on them.Verbally, I also ask when they are interested in taking occupancy, and I tell them the application will be made part of the lease agreement - that I can evict them if they've lied in their application.

On other side of coin, doing AAA; A-class assets, A-class tenants, A-class area.....

I would think in most situations the original owner is in financial trouble, probably delinquent on their mortgage and facing foreclosure.

Utilize financial analysis and market research to make informed investment decisions.

If you are going to have this asset for a long time it'll be worth the peace of mind knowing its updated. 

Non-tangible property includes buildings, land or other inherently permanent structures.I get a lot of questions on which group specific assets belong in, so I put together a list to help.Non-Tangible PropertyBuilding (27.5 or 39 Year Useful Life)Land (Non-Depreciable)Paved Parking Areas (15 Year useful life)Swimming Pools (15 Year useful life)Fences (15 year useful life)Bridges (15 year useful life)Exterior Landscaping (15 year useful life)Docks (15 year useful life)Sidewalks (15 year useful life)Tangible Personal PropertyMillwork or decorative trimCarpetAir Conditioning equipmentShelving, cabinets and display racksAccordion doors and partitionsWall coveringsInterior landscapingNeon or other signsDecorative and business specific activity light fixturesGenerators, machinery and kitchen equipmentWindow treatmentsWhat other questions do you have regarding cost segregation?

How we funded itThis was a single asset syndication.

First question I always ask is who audits your financials and who does your books and send me what your reporting looks like.

They also ask people to look into their financials and assets at the sales event.

You did everything well financially, but in the past ten years how many real estate investors meetups have you gone to?