Based on your acquisition cost, this property might be a good candidate for a Full Repair Cost policy which allows you to get Replacement Cost type coverage without insuring the property for the full estimated Replacement Cost (i.e.

Apartment buildings, commercial business offices, and small strip malls are all great candidates for determining this value.Net Operating Income: To find this number (which should be positive), subtract your first year’s operating expenses from your first year’s gross operating income.Cash on Cash: This formula is used to compare the first-year performance of competing properties.

The other thing to look at is this: are the properties good rental candidates?  

If I were a lender, I would want to see actual receipts going back two years or more to see whether the candidate is truthful in their request for a loan.

@Michael Vialpando - (Clap, clap, clap) for your candidness on being aggressive with your investments and being leveraged.

There are a lot of potential candidates out there who would love to run against an incumbent if they only had the money and support.

I see Option ARM's as an unlikely refinance candidate when they "recast" and a short as a likely alternative to foreclosure, because those payment increases at recast are going to be painful.

Throw credit scores out the window and look at "credit stories" to determine the right candidate.

We're able to consistently find cash-flowing properties by utilizing the data mining software we developed to identify candidates and processes for bringing them to market.

We have an experienced corporate attorney in the environmental and pharmaceutical industries on our founders team but are currently lacking a fund specific RE attorney & CFO (but have we have a connection with an experienced hedge fund manager who has expressed interest in joining our team and we are currently interviewing interim candidates on toptal).