Over 10k pieces response rate is not a metric that is as applicable, it becomes CPA and ROI.

As a landlord, either way you are in default, you are not as attractive as the applicant who isn't.  

Okay, now, watch out for the lease/option gurus, most are dealing with ancient theory and are not correct under current regulations. 

Lori, really not possible, a market cap rate is only used by an appraiser as a rate generally accepted by other investors, which is nothing more than an educated guess of an opinion as actual cap rates are historic and only applicable to each unique investor.

As others have indicated, there is a cornucopia of information and experience roaming these virtual halls.While most of the information has universal application, be aware that in areas of finance, regulation, and taxation much of what you find here will have a strong U.S.A. bias and, in many instances, things are done differently here in Canada.  

Our Evaluators will be out to the property within 24-48 hours of us reviewing your loan application with you.

A handyman may be more applicable for the work you describe.If you're new to rehab, estimate it yourself, double it, and then counter.

Screen them like any other tenant applicant.

Above information which you would provide to the bank in a loan application would be sufficient for them to decide under what conditions they would finance your project.

You are also aware that the definition of market value in real estate is more complex than that you just mentioned as applicable to the sale of a widget.