Therefore, comps (comparable sales) should be researched with that in mind.Basically, as an appraiser, I am not limited to any specific rules or regulations when it comes to picking my comps, deriving my value opinion, etc, as long as my method/s or reasonable, credible, and supportable.

The exchange rate will most likely be in your favor and you can derive income in USD dollars from buying a property that rental clients rent in USD, whereas your mortgage is in Mexican pesos.4.

Standard MLS disclaimer in my marketInformation is Believed To Be Accurate But Not Guaranteed Listing information is derived from various sources, including public records, which may not be accurate.

@George RedHowey test is the best way to determine if it is a security and thus either need to file with security or do an exemption like a 506cIt’s basically 4 parts:An investment of moneyIn a common enterpriseWith the expectation of profitTo be derived from the efforts of othershttps://www.investopedia.com/terms/h/howey-test.aspSo in a jv is one person finds the asset and one renovated it or both are acting in some capacity and making decisions - then you could consider a jv, but if one is a money partner and that’s it then the profit is due to the efforts of others Not an attorney

My understanding is that interest income derived "in the ordinary course of a trade or business" is considered business income and is subject to SE tax.

I made an auto-populating spreadsheet that I derived from the same four-square worksheet, and I'm happy to share it with the BiggerPockets community.

If your low income tenants are a pain to manage, maybe trade into better neighborhoods or into commercial, outsource to a PM, so many options. for me real estate ( those of us who derive our commission income from it) this is a lifestyle choice we are independent contractors and as such we have freedom to do whatever we want..

Felicia Hey Felicia,Now is a great time to get back into the game, and you're fortunate there just so happens to be many opportunities in your back yard, more so in the areas surrounding Charlotte as the city has become so competitive...A solid lender will help you take your business further than you ever could by yourself using just your own cash.While you're able to derive tremendous value from the service they can offer your business, there is a cost associated...In our experience, the better the deal, the lower the cost of entry.

There is a test called HOWEY test (you can google it).Basically if the asset is an "investment of money in a common enterprise, with a reasonable expectation of profits to be derived from the efforts of others" it is considered a security.  

The correct valuation is what the market is willing to pay for it.You didn't provide any information on what cap rate you applied to your calculation or how you derived your NOI, all of which could play significant factors in the discrepancy.