As an investor, even now, post-COVID, you cannot expect to get 24 hours to evaluate a Huntsville deal, not even 12 if the property was posted in the morning. 

I have heard that the rule of thumb is two years of finances that they can evaluate.

Either way you should include the cost (8-10%) in your evaluations of a property, because at some point, you will likely turn it over to one.  

I find myself an early riser, I like to wake up slowly, evaluate and plan my attack. 

Lastly, I have refi my primary to cash out to pay off my other rental, so I can put a commercial line of credit on it, to be in a position to buy other properties if the market drops. ( lots of evaluation and consideration to be clear and confident in that move). 

But if it is accepted I personally would want to walk through every unit and evaluate them.

I'm evaluating a few markets to buy a new rental property.

If people answer you with a number, take it with a grain of salt and evaluate for yourself.

Don’t waste your time and money before you legally control the property.THE KEY FIGURE IN EVALUATING INVESTMENT PROPERTYThe key figure is the internal rate of return (IRR) after taxes.

Also they are evaluated different.