Bank statements should be helpful for determining that each unit is actually paying each month, and to know the total income as well as expenses.

To determine the best option, we should run the numbers for both scenarios and see which is more profitable.

The IRS uses material participation tests to determine if you are actively involved in an activity.

The market determines price based on supply/demand and if you think there's not enough supply - then go ahead and increase the price. 

Now we're seeing investors pouring money into buying Class C rentals - but, many are getting burned.In our experience & opinion, the main determinant of property Class is not location or even property condition, those are #2 and #3.

Quote from @Sylvia Castellanos: Seller pays for title insurance to guarantee the buyer's protection from any title problems.The contract determines who pays closing costs.

To determine what to offer on a rental property:Determine reasonable market rent, NOT the highest!

.- Being made fun of by some forum power users- making other forum users actively angryI think that the remedy here might be less about how to determine whether there is a right or wrong side of the letter of the law with our forum rules, and to think instead about how team members can be trained to add genuine value to forum discussions and position themselves and your firm as the kinds of folks who really add value to forum posts.

Insurance premium determinations  are more localized where the carriers price perceived risks into their desire to have market exposure (if at all) and how to price that exposure. 

I do have my buying range in mind and I agree with you 100% getting pre qualified would help out a lot determining if that is actually realistic as well as gives me opportunity to start analyzing more deals that are attainable for me.