I’ve been working on a simple underwriting tool for small investors who don’t want to spend an hour in Excel every time they look at a property.Here’s how it works:Drop in the basics (price, rent, expenses, loan terms)In 30 seconds, it spits out NOI, Cap Rate, DSCR, Cash-on-Cash, and a simple traffic-light recommendation (Green / Yellow / Red)You get a clean one-page summary you can actually use to make a quick “go/no-go” callI’m testing it out with real investors now.

Any heuristics or “deal breakers” that have stood the test of time for you — regardless of macro conditions?

I did a test asking agents on Zillow one simple question:"Morning ​C​rystal!

When analyzing DSCR loans, do you run scenarios like 10% vacancy or higher expenses, or do you underwrite only on current rent?

That is a true test of RE versus 4 % in a debt instrument.  

I don't own any properties with asbestos siding and I have my concerns, so I hired an asbestos professional to go check it out, grab some samples and conduct testing.Still waiting to hear back from the Asbestos testing but I wanted to know if anyone here has experience, knowledge and or own any properties with asbestos siding?

The (notorious) electrical utility now requires me to have a special license to dig trenches for underground conduit, it includes a behavioral test....so im nice to their workers. 2 months of portals, videos & testing + $500 annual fee.Im not a fan of ban culture, someone always goes around it somehow.

So I guess I will have to test the theory another day!

Appreciate you pressure-testing the model—it’s how good deals get sharper. makes more sense although I still think you lose 15 to 20% for public right of ways unless your doing private roads through easements. ( if allowed by county)  I would take a look at this yes. 

I have a particular interest in historic properties not only because I think the quality of the materials are better, but because I think the architectural charm and interest will stand the test of time and appreciate.