I know it is common to use 10% as a vacancy factor when trying to model performance of an asset or a collection of assets.

once you drive off, they curse your existence. 

These can be huge determining factors in deciding what the best move might be moving forward.

Also if the building needs repair or is already rented will factor into the loan amount, terms and interest rate.

There are a lot of them out there and it would be great to hear what key factors tipped your decision.Awesome work!

As we drive by it on our way to run errand later in the day, we find the back window had been shattered.

I know the other factors that come into play such as location, average rent, etc.

I have some experience, having knocked down a drive through location and replaced it with a national food service company in a nice town and then also purchasing a historic bank building and leasing it out as office space. 

You can always drive a neighborhood and find deals, the best ones are never on mls.

I don't have a car, so if I am going to drive around a neighborhood (by virtue of borrowing or renting a car), I don't want to do it completely aimlessly.