For Non-Admitted carriers, the important item to then pay attention to is the AM Best rating (or equivalent rating agency).

I would try to buy properties starting at a specific date so not large ticket items come up.

Review what happened and determine why each item was above or below your expectations so that you can properly plan for next year.Review your prior year goals.Did you buy all of the properties you set out to purchase?

Because looking at the T12 from a 100 units will be different from 20 units will be different from 5 units in some of the line items (account names).

Pack their items, change front door locks and give new locks to other tenants.

You've given me some solid pointers/items to take into consideration for future deal analysis, so thank you for that.

Go through each major line item and come to an agreement on what really needs to be done.

That's it, but a) print out a page for each property you think is comparable, b) make the list of repairs long and inclusive of everything you've done. c) Put larger items first like kitchen remodel......and don't just say 'kitchen remodel', list things like 'custom backsplash tile/Bosch appliances/recessed can lighting/pot filler/etc. d) Cite the price/value of the work done, and don't be afraid to be generous.

The Detailed Engineering Cost Estimate Approach is typically used for the purchase of used property.SURVEY OR LETTER APPROACHOnce a site inspection has been completed and all components of a property have been determined, your specialist will send a survey or letter to the contractors or subcontractors to request they provide the cost of each of the items.

If course maybe there’s a Keller Williams agent that could speak on that particular item for clarification.As a buyer/investor that has done much of our own marketing over the years, there has been a handful of properties that we have wholesale.