Underwrite off historical and not the last 5 years for rent and expense growth as the last 5-8 years are a bit flawed and are unlikely to hold through the life of your project.

I used to be obsessed with spreadsheets and counting very penny I saved for the month, until I realized it was hindering my growth.

There is a new factory being built that is expected to fuel economic growth in the Aliquippa/Beaver County area.

Really understand the various submarkets, economic drivers, and path of growth. 

Thank you for sharing this, it's opening my eyes to required growth before landlording.RSO could be public urination and then getting lippy with a cop, or violent pedophile...though getting out of jail or worse prison...they aren't the best people to associate with...or to have in a unit.

Capital growth here is really muted and the virus like de- gentrification in some areas can be difficult to pick.

Obviously you wouldn't need all of this if you have no plans of growth and almost no exposure.

Unless you've got a good hunch that you'll see big growth you should focus mostly on what the property is doing today.

Also they may limit your ability to obtain better rate mortgage as you may only have commercial rates available.

You have to find another source-either a distressed property, something you can improve and up the value to another level, or perhaps develop relationships with brokers and wholesalers who will bring a deal to you because they know you as someone who has the ability to close.