Posted by Jim Locker on December 15, 2000 at 09:32:51:
You might also ask if there is any owner financing. Find out if tenants are on leases or MTM agreements.
You should ask about average turnaround time for vacancies, although you won’t necessarily be able to believe the answer.
You might also want to contact the police and find out about frequency of calls to that building and neighborhood.
If you are going to get into this, you need to learn to screen tenants. I posted a “how to” on screening tenants here:
I strongly recommend that you contact a local real estate investors group to “get educated”.