If it's a pre-1978 house, you'll want to consider testing the paint for lead before sanding it.

Kyle,You re correct, the 2% rule is very tough to apply to NJ Real estate with our property taxes beng what they are, and as a result is not a good litmis test in my opinion.Look like you have strong rents with potential for even more once you get done making modifications to the building.Chris

My goal is to effectively work as many leads as possible and will be testing my CRM, phone dialogue and negotiation.

Do they test the soil?

In Colorado, I can take an online class for $399 and $85 for the test, but I also see Keller Williams and other brokerage firms offering to pay for education.Have not yet looked into fees, commission splits, etc.

You can lease for three years with rights to sub-let (a master lease) to test the waters, you might try it for a year with the option to renew the lease annually for 2 more years. :)

With small deals, most times you can get in and out of them more quickly — it's basically a way to "test" out the waters to see if it works for you.With experience comes wisdom which will make you more successful down the road.

Make certain your offer is conditional on not just a building inspection, but verification of the presence or not of these contaminants.If you find some of the above, it does not automatically mean walk away (pending your appetite for deep retrofits), but you need to account for it in the offer you put forward.4) Cash-flow: Initial test: get ahold of the building expenses for the past 2-3 years.

Here in FL the test to see if it's been abandoned is if there is less than $500 in property left in the unit.

ok sorry...i couldnt figure out how to get it to say "orignally posted by" so i just copied your test...but now i see the "quote" button...still learning here...