Its a 3/2 with larger square footage located on a busy convient road connecting to all shops.

Size Sq footage/number of units.3.

(this may require extra work and problems if the two owners don't agree.)You may also not want to pursue properties that have less than two bathrooms or bedrooms.There are many other restrictions such as area, square footage or lot size that may make a particular property not appealing to an investor.

I pull my list by the following criteria1) absentee owner2) Settlement date (you want this to be at least 24 months ago or longer, which will hopefully allow for some equity to have built in the property)3) minimum of 3 bedrooms4) square footage of at least 1000 sq ft5) target a specific zip code, neighborhood or radius of a current property deal you are working.

It has a nice picture of a house, the footage, states tenant in place on MTM, and more.

I have not looked at past 10 year appreciation but, for example, a similar floor-plan home (square footage lower by 40sqft but plot size bigger by 1000 sqft) which is 2 houses down got sold for 620K last year.

I recently spoke to one of my appraisers who informed me that though you may increase livable square footage with a garage conversion you actually run the risk of decreasing value of the property by eliminating the garage.

If you pull a permit and convert the garage into "heated" sq footage (increasing square footage) - it doesn't hurt the value of the home. 

And a quick filter is to look at square footage and see if there could be another bedroom.

In an A community the land value is high enough that if the subject property were to burn down, it would make sense to rebuild a bigger and better property.In a B community the land value should be substantial enough to rebuild the same property, in square footage and included features.In a C community the land does not support rebuilding, and the lot will remain vacant for years to come.