If it's 1-4 units, then you'll need to look at comparable properties, but with 5+ units you'll want to determine the future value with NOI and cap rates. 

By simplicity I mean, it becomes important to determine WHEN a payment is made.For example, if a tenant is mailing you a money order is the payment made when its mailed?

Actions determine whether you have cause to terminate an agreement, for example not paying the rent.

Asking for detailed financials—especially rolling 12 months' data—can really help you determine what’s realistic.Think like a bank.

Now we're seeing investors pouring money into buying Class C rentals - but, many are getting burned.In our experience & opinion, the main determinant of property Class is not location or even property condition, those are #2 and #3.

Here are a few negotiating tips to be successful: Have a good idea of local housing market conditions to determine if it’s a seller’s or buyer’s market.

Her brokerage listed the property, and she is taking me out there to do a walk through to determine if I want to take the next step. 

The testers help determine the probability of incorrect outlet wiring for an outlet.Aside from checking the outlets directly, you can research local electrical codes to ensure that your breaker panels are in compliance and that you have the correct types of outlets in the appropriate locations.

This determines instantly if a lender will touch it.Another factor: STR financing is getting harder to come by (at least in the DSCR space). 25% of the industry used to lend on STR's, now it's less than 10%.And it being a condo, expect anywhere from 15-25 bps added to the rate.

Outcome: Determine the county where the property is located.3.