A applicants attitude is a key factor in screening out the bad apples.

Cash flow, or yield, is a factor of the risk in the underlying asset and/or market.

Dear BP members,I was wondering, what factors could possibly affect a property's value?

I think an important factor is if the tenants informed you that they had abandoned the apartment? 

I don't believe there is a correct answer to your question because it depends on a lot of factors, one of which is where you are in life and what your goals are. 

Taxes havent been paid since homeowner died so thats also a factor.

If the leak occurred at 7-8 PM, then I really screw... because no one can take a shower at night... or in the morning... etc2) that are many pipes in the building, it is very troublesome to identify which pipe is belonging to what unit or what section of the house.

Which I don't want to do because then I lose all the flexibility I love about the HELOC to begin with.On the subject of the large minimum monthly payment, it screwed up my debt-to-income ratio and that was one of the factors that blocked me from getting the refi I'd had planned. 

Talked with a motivated seller (divorce and moved) this morning who is selling through a realtor. 

@Davere Currie you can't judge an investments risk factor based on the quoted returns.