Does not appear to be in a flood zone.3) Understood on cap rate.  

It appears they are moving into our AL market providing funding for investors.

Upon receiving your background information the board will either approve your application or request you appear in person to provide clarifying and mitigating information.  

Atlanta pretty consistently finds itself making an appearance on "Best Places To invest In Real Estate" type stories.Good Luck,R

Now decuct any payments that would appear on your credit (car payment, student loan, credit card min payment).

Hi Steve,It appears bandit signs were working well for you.

It meets requirements but also appears more temporary if the buyers wish to remove it and use the space as an office.

These homes can appear quite lovely because of their old-world charm, but when you start rooting around in the bones, you discover $5000 plumbing issues beneath those gorgeous wood floors, etc.4.

A ballpark way to estimate this is if the county values the property at $100K and you purchased it for $50K and your tax bill is $2K for the year, if you successfully challenge it will decrease the tax bill by $1K (50%)  Here's the link to the Cuyahoga County board of revision to submit change requests: https://bor.cuyahogacounty.us/en-US/complaints-search.aspxSometime in the following months you get an appointment to appear at the office. 

Here is some important information32 UnitsClass C property in a B neighborhoodA block from nice shopping, restaurants, etc.Original owner held since building in the '60's, recently passedOwner's daughter is out of state, with no experience in real estate (she is a lawyer though, so not clueless)Expenses appear very high (reported 75%)Many tenants who havent had rents raised in 5-10 yearsRents sit around $0.73/SF, there appears to be room to take them to $1Here are where things get interesting:Reported FinancialsGPI $222,000Expenses $152, 327NOI 44, 646Based on the expenses, I am comfortable saying that I could remove some, (for example, they are paying 2 management companies, one of which is family owned, I believe to reduce taxes).