Where are your favorite places to look for commercial investment properties?

Two common metrics to evaluate long term rentals are the cap rate formula (capitalization rate) and cash on cash returns.Stated in math terms:Cap Rate = Net Operating Income / Total Property CostCash on Cash return = Net Cash Flow / Cash InvestedBased on Eriks numbers and your cost mentioned, you're looking at a 5.5% cap rate and a cash on cash return of 11.2% per year.Keep in mind that Cash on Cash figures are risky to rely on because of the potential for changes in the cost of leverage later in the life of the investment.My favorite way to think of annual rates of return in real estate is to take the cap rate + appreciation rate (stay conservative here) - cost of leverage.For example, a property with a cap rate of 10% with 5% annual appreciation and a mortgage with 3% will essentially yield 12% over the long term.

One of our favorites is:‘What do you bring to the job that no one else can, what is your superpower?’

I have sold homes west of Lewiston/Auburn as well such as Oxford, Bridgton (one of my favorite towns in Maine) etc.

To figure out which markets are hot and could remain solid, you need to look at job growth and type of growth, population growth, rent affordability, government planning and restrictions, crime rates and trends and the amount of new construction.https://www.biggerpockets.com/...Here is a list of some of my favorite marketshttps://www.biggerpockets.com/...

Option 2 is my personal favorite as raw land gives you so many options and is a great way to keep your investment up with at least inflation if not above.

Any suggestions for a better mailbox from my favorite community?

The truth is landlords struggling doesn't really stir the same kind of emotion in the broader public as their favorite restaurant closing.You are correct, there's not a lot of hard data to support this extension.

There's a good one from Brandon in the BP bookstore or my personal favorite, "Every Landlord's Legal Guide" by NOLO that includes your state-specific laws.

krudkutter from home depot is my favorite for heavy grease and grime.