At this stage of the market I'm putting a lot more emphasis on debt service coverage ratio (a measure of risk) than cap rate or cash on cash return, at least in my own analyses.Also, since this question frequently comes up with owner-occupied properties, even though you're going to live there I'd analyze all the units as if you're not going to live there so that you can look at it on an investment basis compared to other properties, rather than mixing in your own personal tax/financial situation into the property analysis.

We are mostly interested in mixed use buildings centrally located on a main street.We currently have a property we are interested in listed at $1,650,000 at an 8 cap however it is completely filled with mom and pop doctor's offices with varying leases including two being NNN which very far outside our expertise.If anyone knows where to find a good agent that can help us find a deal within the year but also help us grow I would greatly appreciate it!

Purchase price: $765,000 Cash invested: $120,000 This Mixed-Use Short term and long term apartment building was a rare find!

I have been working to draft a formal letter to send but maybe just responding  verbally first will work and then move on to a more formal response if necessary.  

I am totally beginning to diversify to add short terms to the mix, but with totally different property management. 

Such as an "intro letter" or "landlord letter". 

Hello BP, I have flipped a few homes and wholesaled a few properties, but the question I have is regarding my primary residence that we just bought in April 2021.We bought the home from a flipper that has done dozens and dozens of flips in the area (Seacoast NH).I received a letter from the town the other day that would like to inspect all work that was done by the flipper after the fact.

:Unit count = 8-30 unitsLocation (Neighborhood Grade): B or C+ NeighborhoodYear built: Between 1960-2000 (Preferably 1980 or newer)ROI: 7% Cash on ROIRehab Scope Needed: A maximum of $9,000 Interior RehabOccupancy: 85% Occupancy (Minimum)Unit Mix: 1 Bedroom unit shouldn’t contribute to more than 50% of total unitsConclusively, sticking to your criteria mitigates the downsides!

I have gotten mixed responses before on other platforms, and I was wondering what the BiggerPocket community thinks. please let me know, truly appreciate it!

What should I do, in terms of letters/files to make sure I can file a small court claim and have a better chance to recoup the non-paid rent?