A lot of investors talk about the cash-on-cash return that a property offers, but I just finished Frank Gallinelli's book, "What every real estate investor needs to know about cash flow...and 36 other financial measures" and in it he talks about how cash-on-cash can be very deceiving and a better metric to use is IRR.Do any investors go to the length of trying to calculate IRR when they are analyzing properties?

@Syed H. and I spoke at length about some options and local places too; the builders grade point is also a good one we should note@Mark J.I’ll look into the Wilkes barre shop too. 

You might consider adjusting the length of new lease so you don't end up with a vacancy in December or January.

The questions are to ascertain whether it was an arms length transaction. 

Why is the length of time holding the loan of importance? 

Warning: It's LONG...It's broken up into 25 episodes of varying lengths but overall I'm sure it's 3 hours or more. 

Lenders have an appraisal completed and they look at current value ( existing tenant in building paying rent and length of guarantee for primary lease term before options) and dark value (value the building has and land if it sits vacant with no income).

What is the average length of a tenant in your area?

They're worth another book length post and math lesson in and of themselves :-).Hope this helped!

There are LLs on this board who do not rent to smokers, even if they say they will only smoke outside.Aside from that, within boundaries, you can make the terms (amount of rent, length of lease, etc) so onerous that the person will be dissuaded from following through on the application.