Other good thing about a local HML is they’ll evaluate your deal for their own purposes and if they won’t lend for that reason then perhaps you don’t have the deal you think you do.

The Main reason for this post is to try and pick up some tips on how to evaluate a property once you're inside.I look for several things when I enter a house, usually in this order.

@Andrea D. welcome to BPFirst learn the various strategies & techniques.Learn how to evaluate dealsThese first two you can do right here on BP.

As you can tell, advise here is all over the place... evaluate guidance based on your gut and your goals, don’t get stuck on one idea, know the financing options available and be open to the opportunities that present themselves. 

What do you plan to compare against.Just as a metric for evaluating the property and correct, to compare to other properties.   

Do you have superior knowledge and expertise allowing you to make an evaluation that others don’t possess?

Nor do you know what your needs are going to be until you actually start needing them.Remember the more you plan, prepare, execute and evaluate the easier it will be to notice if someone is not being the right fit for your business and should no longer be on your team.Test and measure along with key metrics aligned with your strategy and goals are key for long term success.

Now might be the time to evaluate the contents and the expiration date.The only time I've used an out of state PM, I've always had the opportunity to make final selection once my screening criteria were applied to all applicants.

Can anyone recommend a great tool or approach for evaluating commercial leasing and vacancy rates?

Persistently evaluate how you can add more value to the marketplace and you'll do well.