I have found properties in several cities, but how do I determine the feasibility of each site?  

However if the tenant doesn't exercise this option the higher rent rate will still go into effect on a month-to-month tenancy.Your rent increase cannot be "unconscionable" (unreasonable) and you have the burden of proving that the rent increase is fair.And if you are interested in just how a judge is supposed to determine whether your rent increase was indeed fair:In Fromet Properties Inc. v.

On a 1M deal, it's important and are you aware of the equity rules for the determination of a sale?

While it's true the IRS may look at your typical business transactions as part of the facts and circumstances, intent is evaluated property-by-property.

If your physical vacancy is 12.5%, your economic vacancy will be greater, perhaps even double depending on the tenant population, the neighbourhood and the rate of decline of the business.You need to understand the customer, and how the business arrived in its present state, before you can determine whether the pay-back on 50K of CapEx - not to mention the initial purchase - is sufficient.As others have posted here, it sounds like the Vendor has milked all of the equity out of the building - leaving the building with significant deferred maintenance; perhaps even obsolete.  

Your Realtor should have given you a CMA to determine market value before you made your offer and should have market rent comps. 

I'd head them off at the pass and hire an attorney now.Have your attorney review and then, once they make their determination, have them send the letter to the bank.  

What you need to do is determine how you want to policy to react when there is a claim.What do you want the policy to do when you have a $5000 claim? 

However, I agree that it would be plausible for a judge to determine that the late fee is unreasonable even without a statute. 

Feel free to reach out to me if you have any trouble using BiggerPockets, or need any help determining how best to connect with folks!