That should also influence the decision.

Explain that you had multiple applicants and his interest in staying long term was a deciding factor in selecting his application.

No one wants to pay a PMC enough to do that.Recommend increasing your Vacancy/Nonpayment factor to 25% for Class D and even that may be too low.It would definitely be a great learning experience! 

So just owning a property for a long time is a non-factor.  

Hey Brad, While I did factor in the yearly expense for a license, I did expect it to be that much.

I am interested in financing a commercial property and I just want to know the following- What important factors should i look for in a commercial property? 

I talk to a lot of buyers daily who research home values and inventory but fail to look at other important factors. 

Anything I need to look out for and factor in before pitching this to investors or banks?

It takes a while to really build a reputation in any particular niche, so don't give up on your area of expertise. 2) Make sure everyone you know (sphere of influence) is aware that you're an agent. 3) Don't pick your company based on flashy pitches or pseudo promises.

I have not factored in this "3/4" bath .