New realtor, new LLC, 695 is an ok / average credit score to a lender.  

Today, our average length of occupancy is over 6 years.  

You will want to find property in the area that have sold in the last 18 month that is similar and average out a price/sf to apply to this property you are buying. 

Learn housing metrics such as, average SFH sales price, average vacany rate, lease comparables for different properties/subdivisions.

They are looking to approve a NET payoff of 86% AFTER commissions, legal fees, conveyance taxes, payoffs to junior lienholder, seller relocation incentives etc....So lets say average costs of sale are usually 7-8% in most states.

My increases may come every 2 to 3 years on average.

He has a SuperHost status, solid insurance and pays above average rent to me. 

We can also close faster in under 15 days if needed and 20 on average with less hands on the file because we approve, underwrite and fund the loan in house!

This sales data was taken from the Multiple Listing system.What is the average cap rate in Chicago?

I don't know if the rest of Canada is like that but how can someone make reasonable cash flow if we can only raise our rent on average 1.7% every 12 months according to the last 10 years (pre-Covid) rental laws?