Once things settle down for me I will investigate moving forward - until then I welcome anyone to pick up and run with something along these lines.

Another good thing about this site is that it provides the SQ FT for the bottom floor of the house (most houses in my area are single floor houses) and the tax information, so I do not have to do much investigation to determine the tax liability of a property.

I would recommend investigating the "corporate credit" angle.

I have never checked it out.Have fun researching and investigating.

After some further investigation, we found that Wells sold the loan to Citi on July 23rd (date on recorded doc).Now I'm unable to get title insurance because the underwriters are worried we won't be able to get clear title.

There were also a few weird issues (ceiling / wall mold on 3rd floor, apparently insufficient hot water), that I was able to investigate and figure out myself.

It might get you in the ballpark, but I wouldn't rely on it solely on whether to investigate a property further, but rather to supplement other indicators.I grew up on Fort Collins, so say hi to CO for me.

I'm definitely one of those people that investigates and asks a lot of questions before I proceed with something.

Rent all 2 beds at 700 a week.700 X 50 = 35,000 month X 12= 420,000 gross income420k divided by 2 = 210,000 NOI50% costs is5% property management15% vacancy loss turnover30% operating and expensesSo based on the quick formula buying at a 10CAP going in the most I could pay is 2,100,000.Now this doesn't look at deferred CAPEX and a bunch of other items.This is a down and dirty 10 second calculation I do in my head to see if it's a possible or not to look into further.You have to really know the markets.Example current income is based off of 700 with many leases fixing to expire.A current investigation of the market shows competitor rents have decreased from 8 months ago and are now 675 a month.To retain many of the tenants on renewal all things being equal your rent rates will most likely go down along with cash flow.I could go on and on but this is how I do my quick calculation.

Demographics Analysis: Investigating demographic trends, target tenant profiles, and their impact on property performance.5.