It is surrounded by a cabinet shop on the left side, a couple commercial buildings in the back alley that are used primarily as storage for various businesses and a bar on the right side.

I want to put a shed, to store the lawnmower, and a snow shovel.

hollywood fl deal my agent sent me. in between this and a single studio in galleria loft in fort lauderdale

So we take photos of the belongings before removal, and a photo of the belongings once packed up and stored.

Maybe in 5 years plus, you have the option to have the property appraised, or base the value on your NOI and a CAP, and pay 28% of the value to him?

Generally I would say that if the property is 15+ years old and not recently completely renovated a SFH would likely be in the range of 50% and a multi unit likely slightly lower, possibly as low as 40%, due to more tenants, higher cash flow and lower risks from vacancies.The 50% guestimate is based on the historic average of hundreds of thousands of rental units of all types over decades of accumulated data.

Since 1975, prices have only dropped twice -- once in the mid-80s when the oil-centric Denver market was hit by the drop in oil prices; and a second time in the aftermath of the 2007-08 financial crisis.Now is a tricky time to sell.

It's hard to know if the article got the projection right quantitatively, but Indy has not been a growth market and so directionally that part looks correct.Macro-level, the drivers to to growth markets are population shifts that are ocurring and a lot of people in northern states/cities have relocated to TX, FL, GA, NC, etc. 

This offers favorable routes and a straightforward transaction.

So what I am asking for is if you were looking for a mentee or interviewing one, what would you look for and what type of questions would you ask to see if this guy is serious and knows the concept behind Real Estate deals and a certain niche he decides to attack.