We just rented to tenants and we kept our criteria the same except we did scrutinize the type of industry or job the applicants are in...

(a) Except as provided in this Act, if there isnoncompliance by the tenant with the rental agreement ornoncompliance with § 48204 affecting health and safety, thelandlord may deliver a written notice to the tenant specifying theacts and omissions constituting the breach, and that the rentalagreement will terminate upon a date not less than five (5) daysafter receipt of the notice unless otherwise agreed in writing bylandlord and tenant.

Except, 1 tenant did give notice, so we will be looking for new tenants for June 1.

Make sure all costs are reflected there except borrowing costs.  

There's no 'right' answer except not to overleverage. 

And it still fulfilled the physical presence requirement, and I could keep an eye on my journal.Or you could do a doorstep signing for everything except notarizations.

Land in Costa Rica, with the exception of a few strategic locations, is very illiquid.

I think regular office could see a massive oversupply of space even with no new buildings constructed except for highly supply side constrained areas.If there is for example 10 million sq ft and 90% occupancy and existing tenants now want 40% less space then existing inventory of lease able space could skyrocket even with no new construction.

Not sure how this would be able to be evaluated except the section of a PPM that looks at hypothetical investment.Rent Increase Assumption: this will be effected when putting off value add plays, maybe look at 0-1% now as opposed to 2-3%.Renovation per unit: was looking at 3-8 K per unit, maybe now looking at more like 3-5K per unit.Break Even Occupancy: was looking at 65-70%, now prefer to see closer to 50-60%Reversion Cap Rate: Previous was looking at 0.5-1.0 over initial, now looking more at 1.0-1.5xLoan to Value: Prior Criteria was <65-75%; now lloking more for 60-65%. 

I don't typically recommend buying properties with a negative cash flow (there are rare exceptions), but because of the transaction costs associated with selling, it often makes sense to continue to hold one that you already own.