When things get back to normal we should meet up. 

It's normal to see these hitting between 80-90% LTV, but in the current climate I wouldn't expect many lenders to be doing a full 90% LTV loan, but 85% seems doable.

Sure - It's a normal part of due diligence. 

@Inna PakhalyukDuring “normal” times it’s difficult but not impossible finding a HELOC for an investment property now it will be harder.

You don’t normally own the land underneath and it’s not “attached to the ground (ie no foundation).

They'll need the operating agreement of the LLC to see who can normally sign. 

In the short run, many buyers pulled out of the market (which would normally mean a reduction in prices based on supply and demand, all else being equal).

Do you have enough capital to fund this acquisition in a normal equity/debt split?

I used to work for commercial brokers as financial analyst.( producing Broker opinion of value.) normally the first year NOI is the indicator of sale price. analysis start date is when you assume the sell will happen.

@Wesin NurThe 1% rule is just a general rule.with all things being equal, good neighborhoods will have a lower % than areas with a bad neighborhood.Good neighborhoods normally require less upkeep and may survive by collecting less than the 1%You also want to determine what the costs normally are for items such as real estate taxes and insurance.If you are in an area with a high property tax / insurance, it will likely be harder for you to cash flow at less than 1%.