For investors looking to evaluate distressed assets, success relies on rigorous analysis and local market mastery. Follow our core evaluation checklist:

• Property Condition Inspection: Conduct thorough evaluations of major structural systems, roofs, HVAC units, and necessary cosmetic vs. structural repairs.

• Neighborhood & Comp Analysis: Review recent comparable sales of similar properties in surrounding blocks to project accurate after-repair value (ARV).

• Profit Margin Calculation: Subtract estimated renovation costs, holding expenses, and target return metrics from the projected market value to calculate your maximum allowable offer (MAO).