I’d go further on preserving cash: don’t treat completion as the point when the contingency fund becomes available for furniture. Inspection findings can look manageable on paper, then several small repairs compete for attention at once.
Was most of your delay caused by lender timing or by...
I disagree slightly on treating a clean survey as much comfort. It can describe present condition without telling you when older components will become expensive. Ask for the age and service history of the heating system, inspect the roof and damp risk carefully, and find out whether there are...
You have already identified sales data and current listings, but the reasons behind each price remain unclear. A completed transaction may involve a different condition, tenancy position or location, while an advertised figure is only the seller’s current expectation.
Changing a spreadsheet...
How would this handle properties that could be relevant to more than one school, or posters who only know the street or district? Also, would the field be limited to Warsaw? A layout that works there may not map neatly onto boards in other regions.
Before deciding whether to proceed, I would price one complete tenant change rather than treat the vacant month as the whole downside. Lost rent may coincide with cleaning, minor repairs, advertising and a new letting or management fee, so several costs can land at once.
The other trade-off is...
My decision rule would be practical: keep it only if the conservative annual numbers work without relying on perfect occupancy or effortless tenants. If they do, management buys distance and responsiveness. If they do not, negotiating from 9% to slightly less probably will not rescue the case...
“Good light” needs unpacking too. Orientation, floor level, window size and whether the outlook could be obstructed are more useful than the agent’s description. I would compare those features directly with the completed sale rather than assigning a generic light premium.