It is difficult to charge tenants for their own separate utilities if you can't measure their consumption individually.

Here is one of my favorite examples:http://www.middelrentals.com/forms/TENANT-MOVE-OUT...Also, I bring with me a few items: camera, tape measure, flashlight, disinfectant cleaning wipes, notepad and pen.I prefer tenants to be present for the move-out if at all possible, as it reduces the chance of misunderstandings and also gives me an opportunity to gather information that will be helpful to me for the transition. 

You can always jhave your contractor come in and measure etc to get a solid rehab bid.

Since those properties often have ARM, the rising interest rate can create problems for those owners as interest rates adjust which could potentially cause a surge of commercial real estate properties onto the open market, in turn driving down prices by some measure.

I am currently in the process of prospective market diligence and have developed a list of the items we want to measure / compare across markets (crime rates, pop growth, job market, vacancy/occupancy, etc.) but would love to understand if others have metrics they compare / advice for market analysis.

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And 36 Other Key Financial Measures 2nd Edition byFrank Gallinelli

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My rough measurements showed I did. 

Otherwise, you took out capital that was hopefully earning a return and spending it on something that might not be earning a financial return (not to say everything can be measured in dollars).