Apply the 70% rule to determine your maximum allowable offer, then negotiate and get the property under contract, ensuring your agreement includes inspection and financing contingencies.Arrange professional inspections to uncover any unforeseen issues, using these findings to negotiate concessions or confirm your repair budget.

Also, was there a background check on the tenants possibly having criminal backgrounds and or background check to determine if the tenants had ever been evicted in the past?

The mentor will have an opportunity to know you, see your determination and will, and then decide to pour their time and energy into helping you develop.

Cash Flow vs Buy and Hold, etc...That can help determine areas to invest, as some areas are better for cash flow and don't appreciate that much.

I don't know your specific market all that well but have you done some analysis on your ADR during the high season X your high season occupancy rate and determined whether taking lower priced slow season bookings vs letting your property stay vacant during the winter averages out in your favor?

Here is text from sb13 “the violation is not necessary to protect health and safety, as determined by the enforcement agency, subject to specified requirements.” 

Hello,I'm looking for guidance on how to determine fair rents for a commercial property with two tenants.

Here is a guide for our water company that walks you through it:  https://www.portland.gov/water/water-efficiency-programs/fin...I'm guessing it would be pretty similar for you, and if you determine that there is a leak by looking at the meter, then you may want to hire the leak detection company.As someone else pointed out, maybe just ask your tenants as well if any toilets are running or "ghost flushing" or if they have noticed any drips.Good luck!

What’s the best way to determine if a lender specializes in conventional, commercial, hard money, non-QM, or DSCR loans?

I have been investing in Indy since 2017 and your strategy would be the determining factor on location and the type of house you'll buy!