Either way you can’t  predict those dynamics and purchase and sale transactions in my opinion should put a lot more weight on price.

Nice try though....

@Chrissy NelsonSo nice of you to respond!

In a market where the average sales price is over 98% of asking, I'm not going to invest my time in submitting offers that are 70% or even 80% of asking, unless there's some unusual factor that justifies it.Likewise the newbie wholesaler who has just taken a guru course and calls me with an authoritative tone, telling me that he's a real estate investor and wants me to find him a great deal. 

But now that I've found the BP calculators, I'm in love...and so is my financial planner, if for no other reason, it takes some of the weight of telling me "No" off of him because I can see for myself that it's a bad deal. 

My leasing agent thinks the applicant is fine and I’m a little hesitant so would greatly appreciate any thoughts.The property is a nice 3 bed / 2 bath built in the 2000’s in what is probably a B location around Atlanta and is currently renting for $1,100/mo.

Hi Andrew, To start out with a commercial building you are most likely going to need a lot capital for down payment. 

A nice $$ pet fee and pet rent is good, and also they've done studies that show tenants stay longer with pets.. but I will say, it 100% depends on the owner.   

Since then, I take notes on every investing book I read and now have some pretty nice reference guides to fall back on.Of course your experience with this will vary, but it is very attainable with the right amount of work and study.

Took some sweat equity and about 12K of material, but it sure is nice to be yielding those returns!