You cannot get an accurate analysis only looking at solds.

Just curious how many of these homes with the elevated radon levels have basements, and is that where you perform the test?

I'm setting any property that performs higher than a 7% cap rate given my assumptions aside so I can further research the neighborhood.

Hi Will  thank you so much , Question: where can I get accurate comps, seeing that I live in NY.

Jean-francois Ndomb what kind of REI activity are you looking to perform in this entity?

Scott Carson has tons of experience regarding buying non-performing notes prior to becoming foreclosures. 

Once you are confident you have all the data fairly accurate, then look at the Cash on Cash Return for the first year.  

It's all about the guarantor on the lease, experience in that chosen industry, a track record of success, liquidity and net worth of the guarantor, and how easily attachable the assets are if something goes wrong.For instance I would never front money for tenant improvements on a business that is not a proven performer.

Past performance is no guarantee of future performance, nor a good indicator of what the property is worth.

The option can {many would say, should} contain the future Agreement of Purchase and Sale (APS), with all the terms and conditions of the future sale, laid out, as a Schedule to the Option agreement/contract.In exchange for the right to purchase the property at the {strike} price established by the option contract, an option fee is paid by the purchaser of the option to the writer/provider of the option.I would keep the two agreements separate (as if they are with two different people) and have no performance ties between them (i.e. no rent credits, no financing of the down payment, etc).