If anybody can suggest (or delete) other points I'd be grateful.This is really for 1-4 unit residential properties.Pre-Buy Checklist1) Demographics, ages, percentage of renters to home owners, incomes, type of jobs, type of renters2) Job centers, taxes, services, fiscal solvency, construction, renovation, land use laws, civic pride, gentrification3) Sales and rents trends, cap rates 4) Transportation, freeways, congestion, public5) Vacancy rates6) Property taxes, utilities increases, growth corridors, nearby office construction, replacement costs compare to new construction, 7) Growth in jobs, economic base, and population8) Weather patterns, natural disasters9) Building: architectural styles, materials, purpose built or conversions10) Established rental management companiesPurchase Checklist1) Inspections: property inspector, structural engineer, pest control expert2) seller disclosure statement, 3) statement of income and expenses, sellers IRS Schedule E4) Lot size and value5) Verify code compliance6) deferred maintenance7) space, view, natural light, noise8) Personal property & fixtures9) All co-owners present10) Site boundaries 11) Improvements 12) Clear title13) Deposit conditions14) Condition of property15) Escrow credit for repairs, 16) pre-closing casualty losses 17) Settlement costs18) Dates of closing and possession19) Tenants leases and rental info and their property20) Contingency clauses, environ, hazards21) Insurance22) Read all leases, check for rents levels, concessions (one month free rent etc), who pays utilities, yard care, snow removal, furniture and appliances, duration of leases, security deposits. 23) Ask tenants to confirm their terms of lease.

The bank takes your gross monthly income and then adds up all your other monthly debts such as credit card, car payment, rent/mortgage on your primary, It then divides that total by your monthly gross and arrives at a percentage.

The percentage of "qualified renters" (by many standards) will drop, as more people lose their jobs, get foreclosed upon, declare bankruptcy, etc.

Are they familiar with auction sales as a percentage to traditional sales?

What is the estimated percentage price difference between the sheriff sale purchase and the actual selling price?

If you two can not agree on who gets what percentage for what amount of work that is done, then you should not partner together.

In the fourth quarter, the U.S. apartment vacancy rate rose 0.10 percentage points from the prior quarter, and 1.3 percentage points for the year.

It is designed to quickly figure holding costs, resell costs, and profit margin.When I first started I used to figure all my numbers and percentages every time I looked at a potential rehab.

If you call your electric and gas company (or companies, if separate), they should be able to give you some information about the relative cost of baseboard heat vs. alternatives.Baseboards are nearly perfectly efficient, in terms of what percentage of the electricity gets converted to heat.

(paying more to the higher debt or the highest percentage of debt)-Should I put more money on to card "A" because it has less available credit than card "B" ?