Commercial real estate is measured by the rentable square feet, residential by monthly market rents.  

If it seems to make sense, then I will visit the property take pics, measurements, etc.

...what Mathew said much more eloquently than I said.I'd add as a measure of caution...talk to the BK attorney prior to entering into the contract, not just prior to closing, as you may be sued for performance or at least liquidated damages if the buyer went into contract with you in good faith and you ended up having to back out.

@Peter Kopchik  Unfortunately, once the lawsuit is filed, any measures to move assets are looked upon unfavorably by the courts. 

I have over 10 years of experience making mistakes, developing solutions, and implementing preventative measures to ensure these risks are minimized.The more experience I gain, the more I see that one of the most essential components of real estate investing is risk management, but also property management, people management, market research, investment analysis are also essential (not in order of priority).Some specifics:My tenants (customers) are new families with 1-3 children. 

@Jon Deavers Great to see a measured, well-reasoned argument for keeping humanity in the transaction. 

We actually tried that since I was replacing all of the doors with new prehung 6 panel doors anyway and when we took the measurements with everything off I still couldn't find a washer and dryer that would fit through the opening into the basement.

Measures about 2' x 3'I checked Home Depot, and they seem to have parts you can order (the spiral window balance), but they do not carry them in store.That is where there is a problem.

Modular, Manufactured- for comparable stick home, the quality for both is superior, as fewer/no  mistakes are going to be made in measurement, cutting, etc.

In particular, the cap rate should be considered as a measure of risk and NOT solely as a measure of return (when acquiring).