I am surprised QB does not do this for you.

If it is across the street from an assisted living, I would not be surprised if it wasn't in a more commercial zoned area such as office/service or something similar.

@Cody Honea,      Thats a good way to evaluate someones worth when they are self-employed, I'm surprised regular mortgage people are not willing to look at things logically like that.

More to come next month too, but I won't spoil the surprise.

I don't mean when you have to legally inform the tenant. which I believe in my state it is 30 days prior to lease expiration and if not done then it automatically kicks into a month-to-month.I mean would you let your tenant know say 3 months before lease expiration so that they have more than enough time to make a move out plan instead of being surprised 30 days out?

I wouldn't be surprised that even with the town being rebuilt, they may have a hard time finding good renters.

On top of that, you can add 10% (or whatever) for surprises, but that's in addition to looking at EVERYTHING in the house.

. :-)Tenants sometimes surprise us too.

@Rumen Mladenov I am not too surprised to hear about the high competition in Newark.

You may be surprised to find people in your community who are successful investors (you had no idea they owned 100 houses!)