coinsurance penalty , or how the  $2000 or 2% on your deductible is factored at the claim.

They had trouble at the beginning paying on time, but slowly improved and always ended up paying the late fee.This month they sent a check that bounced, but the bank took forever to let me know.

I'd say it was a little over a year till we found our "forever" 1st deal.We started researching the possibilities of purchasing a 2-4 flat and househacking on Biggerpockets in July 2015.

So you get more bang for your buck with the 17-unit but factoring the vacancies should drive down its value in your scorecard.If your risk tolerance is low, I'd focus primarily on properties with higher cap rates, then zip codes and other criteria should follow thereafter.

The listing only has a single exterior photo and the bank priced at $300k and it appears they are not aware or factoring in the interior condition.

When I bought my personal residence, the seller had an undisclosed lien that took forever to remove.

Some commercial loans also have prepayment penalties, so factor all of your short term financing costs.

What key factors should I consider to determine if this is a good deal or not?

I feel like a big factor is what the future would look like if your tenant moves out.

The biggest factor of your success in investing will be your involvement, education, and TEAM!