The balance 50% is what is left for debt service and cash flow.If you would post your actual mortgage payment (not counting any taxes/insuarance/HOA - which are operating expenses), that would better help us evaluate how much "true" cash flow you have.Before you do that, here it is without having that info:$1175 gross rents less $587 for expenses less your mortage payment = your true cash flow.So the $415 cash flow you stated is not true as you must allow for vacancy expenses, loss to rent, eviction costs (you will have them over time), repairs, tenant damage beyond the security deposit, capital expenses like new roofs, new AC, new water heater, etc., advertising/marketing costs, accounting costs, and more.I would highly suggest you pack the entire $415 away into your business account for the expenses that are not monthly but pop up from time to time.

Know the terms and languages involved in commercial properties and also how the values are being evaluated.

Your experience level, not just with the construction, but with the ability to acquire at the right price, evaluate the end selling price and to price it to sell quickly.2.

can you evaluate the condition of a house before you buy it?

I am a newbie here and everyone on BO keeps using 50% rule for investment evaluation.

If you don't find a buyer within 3 weeks back out of the dealCan someone evaluate this please and maybe give me some tips on what to look out for and what things to take into consideration.

Don't go turn in your Savings Bonds...LOLRegulators will have a problem in the evaluation of bank's portfolios as they are to meet quality standards, so who do they look to?

If you can develop a relationship with an area appraiser it will make it easier to evaluate properties.

You'll have the knowledge to evaluate their deals and the ability to deal with a house if you have to take one back.

If you could add reasons why that would be great.I would think buy and hold multi-family--you get exposure to rehabbing, dealing with commercial loans (if your building is more than 4 units, I believe), evaluating the numbers on a complex deal, as well as the legal and psychological aspects of dealing with tenants, all in one fell swoop.