I'm currently evaluating a property under escrow and gathering more details.

I have a few questions for my fellow investors:What tools do you currently use to evaluate your deals?

For those who have used a  PM and changed PM, what questions did you ask to evaluate the new PM? 

For anyone reading I am planning on going back through the original documents to see how I could have evaluated these better.

It’s great that you’ve already started practicing with NOI and cap rates for evaluating properties, but you're right that smaller properties, like quadplexes or less, are often valued differently.For residential properties with four units or fewer, the market tends to focus more on comparable sales in the area rather than purely relying on income calculations like cap rate.

Evaluate rehab costs conservatively and explore financing options.

Choose your path, remain committed, and with the backing of this incredible community, success is within reach. what would help every one is if you mentee's would go to the General Real Estate topic and in the drop down there is a top for RE success stories that's a great place to post ACTUAL results not just talking bout the program we all understand people get excited about RE but most never do anything so if these programs you mentioned actually bear fruit then post some there for everyone to see and gain experience with and so on.

What I recommend is looking at it over a longer period of time like the previous year to evaluate it.

You should find a reliable rehab calculator and learn how to use it to evaluate the true profitability of your flip.

Forgive me but I'm very new to the space and don't know enough bout anything investing related to begin attempting to buy property from another state.