You can also hire a private investigator.

You need to investigate why the market has declined.

Of course with a condo you have to be ever-vigilant in investigating the HOA.

If the tenant is Cluck Cluck Chicken, one of a kind, actively being investigated by the health department, you've got a strong negotiation stance.

Anyway, I looked up the tax info online and discovered that the people that owned it did not live there anymore so I decided to do a little more investigating to learn about their situation.I drove over to the house one evening with my two little ones (2 year and 5 months) and put them in the stroller so that I could walk through the neighborhood and get a better look at the house.

., it is quite common to be able to purchase small and large buildings in the 7-10 cap range.The real question is what you in particular are willing to pay for your ROI (return on investment).In addition, you need to factor in any and all upside potentials or potential downsides.Although it is true that many (most) Realtors/Agents do not have the first clue about investments, cap rates, or contracts, there are a handful who invest themselves and can be very useful in locating and investigating potential purchases.

Worth some more investigation?

I have a few multifamily properties I have found and am beginning to investigate how to evaluate each as an investment.

You have to become an investigator sometimes and look through each individual record for clues as to who holds the property, it can be a long process but I have found some good leads this way.

(investigator trick)Secretary of State, like Jerry mentioned has at least an address of the registered agent.