We don’t dictate what people will pay for a property, for example.

But if you find a similar house for 140,000 and fix it up you can get a nice profit from a flip, because that is what the market dictates here.  

@Nhan Nguyen The asset class will dictate the tenant class...and property condition will drive rental rates...if it's a suspect neighborhood, you'll get a suspect tenant.

That will dictate location.So, what is your return expectation on your buy and holds?

Account Closed  free market may dictate this..

Hence, the money dictates what their deal structure is.In many cases the fees are split, some up front and some cut out of the deal.

First, the price your paying for with paint is not some arbitrary amount, you are very literally paying for coverage, how much color particulate is in that liquid formulation which directly dictates how much volume will be required to get coverage.

Could be by choice, but also could be by force by the lender, as they will probably dictate the terms of the underwriting.   

If the property is permitted to have 3 units, then you have to consider finished ceiling heights, window sizes (unsafe to have "basement" sized windows for an apartment), flooding potential, placement of the mechanicals, size and nature of the entry, whether or not there are 2 ways to exit and a number of other practical considerations and considerations dictated by the laws and codes of the area. 

Your criteria should be dictated by numerous factor, your business, your goals, your rental property location, local real estate trends, types of tenants you want, etc..