- Good locations. No low-income areas.
- Close to shopping and schools.
- No rent control.
- Prefer 1 and 2 bedroom units.
- 8 to 10 call on financing.
- Minimum to major renovation or rehabilitation needed.
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- Price and terms. (Will you split the down payment?)
- Mortgage information including proposed and underlying debt service.
(No participation clauses.)
- Current rent schedule and unit mix. Include date of last rent increase and amount.
- Current vacancy and mix.
- Accurate income and expense information for past 12 months.
- Whether individual or master electric and gas metering system.
- Age and land size.
- Description of neighborhood and project, and any problems.
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