Some things to look at when underwriting the deal: 1.Lease expiration of the current tenants during the hold period. 2.Renewal probability for the tenants with leases expiring. 3.Projected market rents for the building as the in-place leases expire. 4.Expected costs (tenant improvements, leasing commissions and downtime) to renew the existing tenant or get the space released. #multifamily #realestate #investing

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