Sites like redfin, zillow and any county/city tax websites are extremely good resources to evaluate sold items comps.

Online discussion forums like BP can also bring out extremes in personalities.

(7) For a beach condo, the view is extremely important.

My Spanish is at about the level of a 3 year old ;) The callers will either keep it extremely simple, or put someone on the phone that does speak English.We haven't signed a lease with a non English speaking tenant, but my attorney said the official language of leases is English and if they sign it without understanding it, they are still bound by it.

I'm waiting to hear back still but I may be going under contract very soon on a sfr in Redford that should cash flow extremely well.

As of now only two of the four units are rented (I'm also be extremely careful about who I rent to since it's M/F).All that being said, I would gage your market closely and if tenants can get the same property as yours cheaper, then they'll do that, so be careful about wanting to raise the rents.

In Cook Institutional were never a huge issue as it is always extremely competitive anyway.

You can also make similar assumptions based on what the market yields and ask if you are satisfied with that opportunity.

Have you lost a lot of money because you couldn't make a deal that would satisfy the seller?

You satisfy the bank seller requirements.