Some lenders will underestimate escrow and then it will be adjusted up at closing.Hope this helps.Upen Patel

My insurance company called an independent adjuster and the contractor I choose worked directly with the adjuster under the PM.

Inflation will erode the value of long-term, fixed-rate debt and extra payments will decrease adjustable-rate mortgages if that is how things are financed.  

I've had to adjust my inventory sourcing/marketing because pretty much anything that's listed isn't working. 

Probably would have made a few adjustments on a little more sleep.Thanks again if ever I can help any of you in any way please feel free to direct message, text, call or email me.Best Regards,JK

@Kevin,   Here is a big help of advice, I'm a Full time Insurance adjuster with a  large national carrier (well known), wholesale Investor and investor of 24 rentals.1st), I need to state this is 100% Fraud, I would NOT pay the claim if I was the one to get the case as an adjuster, as everyone knows we do carry a book of checks to write to homeowner on site.

You can also do some snooping on your own, like if there is a mortgage against the property, or how much a person of his age/previous income would get in SS, etc.If you find something concerning, you can either choose to have a more pointed finance conversation (which he will probably not take very well), or you can adjust your own finances to plan for his likely future dependence upon you.My old people are much younger than yours but between snooping the public records and general conversations we've determined that we will just plan for them to need us to step in and help financially a couple of decades from now.  

The Cash To Close is not supposed to be the same as your Closing Costs, two totally different calculations.Your closing costs, are well, your closing costs.Cash To Close, is purchase price, plus closing costs, (with proration adjustments) which gives a Total Costs.  

I am not sure yet of the expenses and have not adjusted for vacancies( I don't foresee any vacancy due to the fact that i have been here for the past 9 years and the restaurant has been here for 12).My question from the subject line is "how do I evaluate commercial property?"

Since I first posted this a while back, however, I've made some adjustments, some decisions, and have been marching forward and actually rockin' it!